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	Comments on: Crude Oil Approaching Support With Bullish Divergences	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Mon, 20 Aug 2018 18:04:42 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4754</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 20:28:02 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4754</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4748&quot;&gt;FrancisQ&lt;/a&gt;.

Odd. Could be a one-time event. Let me know if it happens again &amp; if the notification didn&#039;t end up getting grabbed by a spam filter.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4748">FrancisQ</a>.</p>
<p>Odd. Could be a one-time event. Let me know if it happens again &#038; if the notification didn&#8217;t end up getting grabbed by a spam filter.</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4748</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 18:12:25 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4748</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4743&quot;&gt;rsotc&lt;/a&gt;.

Actually, i just got email notifications from comment replies from &lt;a href=&quot;https://rightsideofthechart.com/members/bigbadwolf/&quot;&gt;&lt;/a&gt;&lt;a href=&#039;https://rightsideofthechart.com/members/bigbadwolf/&#039;&gt;@bigbadwolf&lt;/a&gt; and @getittright, but not from you. And their comments were made in the times between your comment replies in this post.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4743">rsotc</a>.</p>
<p>Actually, i just got email notifications from comment replies from <a href="https://rightsideofthechart.com/members/bigbadwolf/"></a><a href='https://rightsideofthechart.com/members/bigbadwolf/'>@bigbadwolf</a> and @getittright, but not from you. And their comments were made in the times between your comment replies in this post.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4746</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 17:55:54 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4746</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4745&quot;&gt;FrancisQ&lt;/a&gt;.

Yes. To configure your email settings for notifications; Hover over your username at the top-right of the site &amp; then select Settings&gt;Email. You should then have the following options (or similar) available to you. If you&#039;ve only missed one notification &amp; have since received the others, you might want to check your spam folder but let me know if the issue persists.

&lt;!-- copy and paste. Modify height and width if desired. --&gt; &lt;a href=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/c5be5d0d-129b-48e1-af9a-b651696a3925/notification%20settings.png&quot; rel=&quot;nofollow&quot;&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/c5be5d0d-129b-48e1-af9a-b651696a3925/notification%20settings.png&quot; width=&quot;835&quot; height=&quot;758&quot; border=&quot;0&quot; /&gt;&lt;/a&gt;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4745">FrancisQ</a>.</p>
<p>Yes. To configure your email settings for notifications; Hover over your username at the top-right of the site &#038; then select Settings>Email. You should then have the following options (or similar) available to you. If you&#8217;ve only missed one notification &#038; have since received the others, you might want to check your spam folder but let me know if the issue persists.</p>
<p><!-- copy and paste. Modify height and width if desired. --> <a href="https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/c5be5d0d-129b-48e1-af9a-b651696a3925/notification%20settings.png" rel="nofollow"><img class="embeddedObject" src="https://content.screencast.com/users/RightSideOfTheChart/folders/Snagit/media/c5be5d0d-129b-48e1-af9a-b651696a3925/notification%20settings.png" width="835" height="758" border="0" /></a></p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4745</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 17:22:17 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4745</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4743&quot;&gt;rsotc&lt;/a&gt;.

I still see notification in the blue circle in the top right corner of this site.
.
I used to receive email notifications for replies before, but only notice just  now that i didn&#039;t get it. So i thought this might be an issue with the site.
.
Is that something we can configure (if we want emails or not)?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4743">rsotc</a>.</p>
<p>I still see notification in the blue circle in the top right corner of this site.<br />
.<br />
I used to receive email notifications for replies before, but only notice just  now that i didn&#8217;t get it. So i thought this might be an issue with the site.<br />
.<br />
Is that something we can configure (if we want emails or not)?</p>
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		<title>
		By: BIGBADWOLF		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4744</link>

		<dc:creator><![CDATA[BIGBADWOLF]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 17:17:27 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4744</guid>

					<description><![CDATA[I think it might be dangerous to swing long here. Short 9 period &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. This type of moving average reacts faster to recent price changes than a simple moving average. (source: investopedia.com)&#039;&gt;EMA&lt;/abbr&gt; on hourly chart is coming down fast, and bears are likely to defend that zone to sell the rip. May be more prudent to wait until a gap up open in USO for a change of bias.]]></description>
			<content:encoded><![CDATA[<p>I think it might be dangerous to swing long here. Short 9 period <abbr class='c2c-text-hover' title='An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. This type of moving average reacts faster to recent price changes than a simple moving average. (source: investopedia.com)'>EMA</abbr> on hourly chart is coming down fast, and bears are likely to defend that zone to sell the rip. May be more prudent to wait until a gap up open in USO for a change of bias.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4743</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 17:14:36 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4743</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4742&quot;&gt;FrancisQ&lt;/a&gt;.

I assume then, that you have opted to receive email notifications when someone replies or comments on a post or thread that you are on and that you have been receiving email notifications on replies without issue? If so, did you get a notification of my comment next to your username at the top right of the site (blue circle with numbers inside -or- hover on your username &amp; then select &quot;notifications&quot;. Please let me know so I can look into the issue, thanks.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4742">FrancisQ</a>.</p>
<p>I assume then, that you have opted to receive email notifications when someone replies or comments on a post or thread that you are on and that you have been receiving email notifications on replies without issue? If so, did you get a notification of my comment next to your username at the top right of the site (blue circle with numbers inside -or- hover on your username &#038; then select &#8220;notifications&#8221;. Please let me know so I can look into the issue, thanks.</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4742</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 17:02:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4742</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4738&quot;&gt;rsotc&lt;/a&gt;.

P.S. i didn&#039;t get email notification of your comment reply.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4738">rsotc</a>.</p>
<p>P.S. i didn&#8217;t get email notification of your comment reply.</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4741</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 16:53:23 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4741</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4738&quot;&gt;rsotc&lt;/a&gt;.

I see. Merci beaucoup.
.
Yep. The discontinuity between the equity and overnight futures markets is tricky. Sometimes just need to close out position earlier than needs to. And if this discontinuity isn&#039;t challenging enough, i also need to consider different in timezone as i sometimes go to sleep even before the equity market closes. 
.
Trading around the clock is way too easy (albeit a health hazard) and way too unchallenging for me!  :-P]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4738">rsotc</a>.</p>
<p>I see. Merci beaucoup.<br />
.<br />
Yep. The discontinuity between the equity and overnight futures markets is tricky. Sometimes just need to close out position earlier than needs to. And if this discontinuity isn&#8217;t challenging enough, i also need to consider different in timezone as i sometimes go to sleep even before the equity market closes.<br />
.<br />
Trading around the clock is way too easy (albeit a health hazard) and way too unchallenging for me!  :-P</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4740</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 16:47:20 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4740</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4739&quot;&gt;jrandhawa&lt;/a&gt;.

Which chart, USO or /CL? Also, are you viewing them on a PC or mobile/tablet? On a PC (and I assume a Mac), click anywhere on each chart to expand it. Once expanded, you can pan &amp; zoom the chart for additional detail. To zoom, use a mouse scroll-wheel or a touchpad on a laptop. To pan a zoomed chart (once expanded), right-click &amp; hold while moving your mouse (or touchpad).
On mobile devices, simply pinch-zoom to expand the chart although you might also try clicking on it first to see if it expands. Let me know if you still have issues.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4739">jrandhawa</a>.</p>
<p>Which chart, USO or /CL? Also, are you viewing them on a PC or mobile/tablet? On a PC (and I assume a Mac), click anywhere on each chart to expand it. Once expanded, you can pan &#038; zoom the chart for additional detail. To zoom, use a mouse scroll-wheel or a touchpad on a laptop. To pan a zoomed chart (once expanded), right-click &#038; hold while moving your mouse (or touchpad).<br />
On mobile devices, simply pinch-zoom to expand the chart although you might also try clicking on it first to see if it expands. Let me know if you still have issues.</p>
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		<title>
		By: jrandhawa		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4739</link>

		<dc:creator><![CDATA[jrandhawa]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 16:39:53 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4739</guid>

					<description><![CDATA[Randy I can not enlarge the chart &amp; hard to read it. Please post it again. 
Thanks.]]></description>
			<content:encoded><![CDATA[<p>Randy I can not enlarge the chart &#038; hard to read it. Please post it again.<br />
Thanks.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4738</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 16:36:59 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4738</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4737&quot;&gt;FrancisQ&lt;/a&gt;.

I would consider the current divergences an extension of the divergences that began at the start of (A), thereby this being a much larger divergence. However, this is still only &#039;potential&#039; positive divergence as the PPO &#038; MACD are pointing down. As such, /CL could break through support &#038; keep going with the potential divergences being taken out with a lower low in the indicators. Ideally, for the counter-trend bounce scenario, we need to see CL reverse soon with a bullish crossover on the PPO (above the previous low) to confirm the divergence.

Crude is a tricky commodity &#038; quite often, the reversal can come in the overnight session, thereby deny an objective exit (for those short right now, in this case, or for those wanting to go long) to those that only trade in the regular session, such as crude ETN traders (USO, DWT, etc..).

Whether we get a tradable bounce in crude here or not, I still think that the trend over the next few weeks &#038; possibly months+ will be bearish but I just wanted to highlight this support level &#038; the potential divergences for any active traders that might want to book some short profits or attempt to game a quick bounce on the long-side.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4737">FrancisQ</a>.</p>
<p>I would consider the current divergences an extension of the divergences that began at the start of (A), thereby this being a much larger divergence. However, this is still only &#8216;potential&#8217; positive divergence as the PPO &amp; MACD are pointing down. As such, /CL could break through support &amp; keep going with the potential divergences being taken out with a lower low in the indicators. Ideally, for the counter-trend bounce scenario, we need to see CL reverse soon with a bullish crossover on the PPO (above the previous low) to confirm the divergence.</p>
<p>Crude is a tricky commodity &amp; quite often, the reversal can come in the overnight session, thereby deny an objective exit (for those short right now, in this case, or for those wanting to go long) to those that only trade in the regular session, such as crude ETN traders (USO, DWT, etc..).</p>
<p>Whether we get a tradable bounce in crude here or not, I still think that the trend over the next few weeks &amp; possibly months+ will be bearish but I just wanted to highlight this support level &amp; the potential divergences for any active traders that might want to book some short profits or attempt to game a quick bounce on the long-side.</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/crude-oil-approaching-support-with-bullish-divergences/#comment-4737</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Mon, 16 Jul 2018 16:14:24 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=187541#comment-4737</guid>

					<description><![CDATA[Danke schoen.
.
https://www.tradingview.com/x/nq5KCt7B/
.
Agree that a DL is afoot. But going by the magnitude of divergence, this current one (B) is less than the previous one (A). Can i then conclude that this counter trend rally would be less in magnitude than the previous one (last Thursday ? and Friday with 3% rally)?  I&#039;m saying this counter trend would be less than 3% or so. Perhaps 2% or even less?]]></description>
			<content:encoded><![CDATA[<p>Danke schoen.<br />
.<br />
<a href="https://www.tradingview.com/x/nq5KCt7B/" rel="nofollow ugc">https://www.tradingview.com/x/nq5KCt7B/</a><br />
.<br />
Agree that a DL is afoot. But going by the magnitude of divergence, this current one (B) is less than the previous one (A). Can i then conclude that this counter trend rally would be less in magnitude than the previous one (last Thursday ? and Friday with 3% rally)?  I&#8217;m saying this counter trend would be less than 3% or so. Perhaps 2% or even less?</p>
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