On the daily, if we close below the support we could see a relief in the prices of oil which would make transporting good around the world cheaper - meaning more people can buy goods and markets will pump
If we close above the top yellow line, we could see the price of oil going higher and the inverse happening
If we close above the top yellow line, we could see the price of oil going higher and the inverse happening
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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.