This post was originally published on this site.Headline news is helping to push oil back down.  Below is some of those headlines:  The US is seeking a “step-by-step” agreement with Iran, according to ILNA, citing Pakistani sources. Washington’s efforts could provide a path toward negotiations with Tehran without abandoning military and economic pressure. US President Trump says the United States is producing more “Exquisite and Elite Weapons” than at any time in its history. Trump says US defense factories are operating around the clock, with new plants being built and Patriot, THAAD, Tomahawk and other missile systems being delivered to...

This post was originally published on this site.If you watch any of my videos on InvestingLive.com or read my posts, you will notice that I am consistent in my technical approach. I use the same tools to interpret the price action. Those tools help me: Define the market bias Identify and limit risk Establish realistic profit targets In my post on Friday, I wrote: For buyers, getting above the trendline and staying above it would be the first requirement if they are to take more control. They would also need to hold above the 50% retracement at 1.38663. Accomplishing both...