WTI Weekly Supply and Demand
Updated
It seems that nothing can stop this OIL recovery. I had to max out to weekly chart to find the next supply and for sure it will get there, before any considerable drop. Blue Supply, Red Demand. Areas to watch next week. Waiting for candle reversals to be completed.
Comment
we are approaching weekly supply, around 63 level. This area was tested already a few times, so I wouldn't be surprised if this time gets through easily. Long term target is 73.
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