Brent Crude Oil
Short
Updated

DOUBLE DIP FOR CRUDE OIL - BLACKBULL??

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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 Backwardation
Note
OPEC meeting on 05.09.2022
Note
Steep decrease almost at 91.078$ low
Note
Approaching target low (91 USD), currently 94.520 USD

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