ERX and ERY closed Doji. (3x Oil ETF Bul/Bear). indecisive. STO over-sold/bought.
FA/PA:
1. $$$ peaked "M" head). if US $ goes down from here, then
1.a market will go higher
1.b oil goes higher (due to dollar devalue)
2. mid-east. Iran-factor, as well as 叙利亚
3. seasonality of winter. I would think Crude Oil $100 reasonable.
4. last, if US economy is really in recovery. oil price will keep going higher due to oil consumption.