Oil will drop soon
Using Elliot Wave / Fibs I show possible reversal points and the ultimate destination which is down. I think once Israel announces their will be no ground "invasion" oil will start heading lower. I expect the announcement before long as pressure is building and the bombings have already killed enough innocents.
Note
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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.