Happy Hump Day oil traders! Now that we have seen the immediate return to near normal (kind of makes you wonder what really happened.) We see oil coming back into the channel. I don't see much support above mid $57s so I am placing my bets that oil is going to drop towards the bottom of the wedge.
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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.