Crude Oil (Weekly Chart) - Possible Small Rebound
After a sharp move downwards, this counter has fallen to the prior support level, and also into the oversold region based on the RSI.
This actually confirms that the overall trend is bearish, but we could see a small rebound before the major trend continues.
This actually confirms that the overall trend is bearish, but we could see a small rebound before the major trend continues.
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