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When oil is bottoming, the end is near
CFDs on WTI Crude Oil
When oil is bottoming, the end is near
By mmdcharts
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Mar 31, 2020
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Mar 31, 2020
I believe when oil reaches a low level, the end is near because other players will not accept losing.
What does the action they take so they don't lose? Flip the table.
Lower oil also coincides with the bottoming of stock markets :
Gold also starts to rise so it seems that the Investor has found their risk appetite after Hoarding Cash (shows they are really really concerned).
XAUUSD
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