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Marathon (MRO)
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Spikes
Posted 6/11/2020 14:19 (#8309686 - in reply to #8309669)
Subject: RE: Marathon (MRO)


Dow could very easily test the low...I have weak support near 22300 area if that breaks the next support I have is near the 20900 level, after that you have the low or close to it.

MRO's chart is showing a reaction to the low...it should test the low before it turns bullish so if you are short hold out for new lows or close to it. 

A lot of supply chains are broken still...Oil will take another stab at the low as well...might not be staying there for long, might be a quick one...less than a month.

Spike 


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