$CL1! No real reason for oil to go any higher.
Oil has seemed to top of perfectly at the .7 fib level which also is in confluence with previous support, now turned resistance. We think oil will be range bound now between support and resistance, however political influences could alter that very quickly.
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.
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.