Oil Did Not Drop Much
Oil advanced a lot from the bottom and stalled. Sellers emerged. It looks like profit taking now as a serious pullback has not occurred. It appears like a pullback channel is in force and could have bullish implications.
Related publications
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.