Member Info for downbutnotout

this is more than a shake. almost a full retrace back to yesterday's low at 116p. i remain sitll hopeful of a bounce before close.

test coming up. 71.5p

don't listen to the shorter guys. Majorboy you've played your card and we can see through your deramp. i'd close that short before the bounce comes.

Lakshmi888 its falling. support at 124.89?? or going lower to 116p??

2% off yesterday's peak now mmmmmmmmmm

Mrd 75/76p you said it would be today. i say it'll settle close to 71.5p unless the oil price does a full retrace.

or shake?

?

i reduced at 132.2 but didn't offload many. regret selling some yesterday at 118p.

hitting solid resistance and pulling back. stochastic showing overbought signals now. be careful!

you could also say oil is technically at overbought levels now.

oil price still range bound. it failed to close above the range resistance. be careful.

any hawkish comments and oil will be back down.

thats bearish vs 5 years avg of -2.5m

Private oil data shows smaller than expected draw in headline crude oil inventory.

figures anyone?

why they release it so late in the day just before the oil market closes?

30 minutes to go..

some of it likely down to british bulls posting a BUY signal.. usually results in a short-term suckers rally. same thing happened with Royal Mail (RMG). rally then a pull back.

brent 1% off the day's high. its still range bound at the moment.

fooked up here. oil going to WTI 54.50

back down to 69p in the morning. you see.

resistance at wti $53.50 be careful!! that includes you Mrd!