Crude oil channel with good structure
Crude oil has hit the resistance of a channel at a point where the market has previously met structural resistance.
Alberta fire has been completely priced in now and caused a quite unnecessary rally in prices which is over. There is fundamentally room for a strong move down in the coming days.
Alberta fire has been completely priced in now and caused a quite unnecessary rally in prices which is over. There is fundamentally room for a strong move down in the coming days.
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