Technical Analysis and Outlook
Crude oil has stalled its up move and is currently trading between Mean Sup $55.15 and Key Res $57.15. However, its path to near-term outer Oil Rally $58.40 is intact. On the downside weak Mean Sup $55.15 and major Key Sup $52 is valid. (For Market Commentary conclusion, please visit the TradingSig_dot_com).
Crude oil has stalled its up move and is currently trading between Mean Sup $55.15 and Key Res $57.15. However, its path to near-term outer Oil Rally $58.40 is intact. On the downside weak Mean Sup $55.15 and major Key Sup $52 is valid. (For Market Commentary conclusion, please visit the TradingSig_dot_com).
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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.