The price of oil has been contracting for a few weeks now. Recent price action(unconfirmed IHS) along with these indicators(expanding W%R;Diverging RSI,AO) suggest we may see some bullish expansion soon. I have a measured bullish move near 1290.
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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.