Don’t be surprised if oil rockets tomorrow 🚀

Today we saw a dramatic price reversal at Bollinger.

Last year I called the top in oil and now I’m calling a major bounce. I can’t say if the rally will last but it’s definitely brewing.

I’ve been dollar cost averaging USO 0.00%↑ the last few weeks and it’s been quite a choppy bottom.

But today we saw a major intraday reversal at the lower Bollinger while money flows continues to pour into oil.

There is a heavy bias to the upside for oil.

Happy Trading 😊

Sent from my iPhone