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Light Crude Oil Futures

Oil Testing Key $61 Level

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The $61 level has been really important for #oil this year. Price is retesting now, along with falling resistance from the Apr and Sept peaks, and resistance from the rising channel begun in late Sept. USO WTI CL XOP XLE
FibLines
Chart PatternsCrude Oil Futures WTI (CL1!)Crude OilOilTrend AnalysisUSOWTIXLEXOP

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Chart PatternsCrude Oil Futures WTI (CL1!)Crude OilOilTrend AnalysisUSOWTIXLEXOP
FibLines

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.