Member Info for downbutnotout

brent under $77 now.

can't say i didn't try to warn you all. fall will be bigger this time as the USD is higher.

$77.12

brace yourself Rodders.. at a pivot.

not looking good guys. the longer the oil price stays down the SP will just drift lower IMO.

i don't know about a bounce! who knows maybe 108/109p will look expensive soon!!

122.98 50DMA about to break.

correction - WTI at 69.15 appears to be resting on the EMA50 support. see if it breaks this evening or at market open tomorrow.

well done marshall2810. you will be smiling tomorrow!

oil price is now tanking..WTI looks to have just broken the EMA50. $70 brent is now in play IMO.

down nearly $2 from today's high. WTI is now at $69.29 its now very close to the 50 DMA. if that breaks then all bets are off..run for the hills.

i think this drop may be to do with trade worries today. indices are down.

brent going to retest $70 perhaps? never know i could be right twice.

appreciate the update hellyeah.

WTI 69.44 will get tested then if that breaks the 50DMA will get tested if that breaks then oil back to where it was a couple weeks ago with SP heading towards 108/109p or lower.

pulling back now. big big drop if supports don't hold..

i love you too SK :D

Olivia is having a good day. lets see if it holds the gains so far.

later chaps.

those were the 10p shares though? so a profit..

why didn't you buy when oil went to $70 like i said it would? SP was 108/109p.

who knows. better ask know it all loud mouth Krakenoil..

oil trading sideways at the moment. i'm keeping an eye on the support levels. see my earlier post today.

double bottom at 117p. come on lets have it Mr MM.

slowly slowly catchy monkey. WTI $69.94

possibly hit 213p before end of year, thats the year's high so expect big resistance there. near-term resistance is 173p. if that breaks then it opens up the way to 213p.

The 50DMA is at 155p with some resistance at 157.30p too. break the 50DMA and thats bullish.

WTI $68.50. needs to break 69.44 first..

close 150.80p. happy with that. off yesterday's high but bullish reversal trend still intact IMO.