Buy Zones In An Oil Bull Market

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$OSX is on a major buy signal, which can last for months and years.

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COT data is supportive for overall higher oil prices.

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Our trading model identifies the buy zones in a bull market, simple and effective.

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Crude oil is flagging, which suggests a breakout soon.

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Oil stocks are consolidating in a falling wedge, which also suggests a bullish resolution.

Summary
The energy sector is on a major buy signal. Prices are now in our buy zone. We are holding energy sector ETFs for long-term gains.

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Chee Hin Teh 3 years ago Member's comment

Thanks forsharing