This graph is a representation of my point of you of the futures market (USD).
Note
Market on Bearish side, pre hitting the market resistance. Second dip now?Note
Entering BackwardationNote
OPEC meeting on 05.09.2022Note
Steep decrease almost at 91.078$ lowNote
Approaching target low (91 USD), currently 94.520 USD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.