- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.CpFtWfic.dpuf Traders digest: BRENT (UKOIL)

Tuesday 11 March 2014

BRENT (UKOIL)

Brent has been consolidating in a triangle for long now, wearing out trend followers like me :-( . I get a feeling the next move will be explosive. We have been having regular high volume jump on Tuesdays around 1900GMT, wondering where it has been coming from, appears super-bullish, then slumps lower to test the rising trendline. Its sure something to watch how it develops given that the brent/crude spreads have been widening.

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