US Oil Update: Broke previous high in the gap @ 77.28. Bearish Divergence with Bearish engulfing pushing down to establish new SUPPORT around 71.59 (Candles) 27.43 (RSI), which will confirm a Cup & Handle Impulse pattern. Retest @ our potential entry of 73.93 (Candles) 34.66 (RSI) to give us that sling shot/impulse to 92.46 (Candles) 86.69 (RSI).
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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.