Brent Crude Oil Futures

BCO update

Updated

Nice perfect rebound at the edge of the first arc. On the other side of it I don't know if the arc holds and a rebound is expected. We might see more downwards movement.

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We are near the green horizontal line @74.59. Doesn't look solid. Maybe we visit the green arc before getting any sign of continuation or reversal.

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Almost a hit at the shut down sign.

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Black Hole Event Horizon

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The market flirted with the black hole. And that's about it.

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Last update. This one was a doozy

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Brent Crude Oil

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