If oil doesn't hold that 26 dollar level, which I don't think it will but, I've been wrong plenty of times so take it for what it's worth... I think oil could revisit levels from the 90's. The next support i see is around 17.50 and I think the momentum down has more room as well. Here is another bigger picture of oil, it's the only way I could express my idea.
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.