In a clear downtrend, but time for a reversal towards 200 MVA? Note the previous divergences between price and CCI
I believe the increasing lack of storage-facilities will force down the overproduction in the medium-term. And that might be the start of the oilprice-bottom....
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.