Oil Macro forecast $65

156
-Loads of news middle east increasing oil producing and selling their oil to rest of the world. i.e. supply increases more than demand.
-Funny how oil topped in june 2008 before 2008 crash?
-clearly a macro parallel channel.
-i think oil topped at $130
-Bearish divergence on weekly RSI

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.