$OIL #oil


Oil moved back above the weekly EMA21. This is not good for the market or the Fed.
It filled the gap it left behind during the decline with an island reversal.
The good part is this: it moved above $82 with a gap. When the time comes, it will want to fill that gap as well.
Do not take this as a joke. When I was trading Forex, I saw many things, and I used to think that the market and the world were part of a strange simulation. I still think the same way.
Look at everything that happened, yet Oil still filled the gap it had left behind. It will fill this one too.
That means a decline in the future.
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