WTI CRUDE OIL
U.S. West Texas Intermediate crude oil futures are under pressure Tuesday,
following through to the downside after yesterday’s weak session.
The selling was driven as California tightened its pandemic lockdown
through Christmas and coronavirus cases continued to surge in the United States and Europe.
its more likely to see a lot of noisy in the oil markets its just like every other market
based on price action on the 1hr chart the price is trending below the 50MA and there is also a big rejection doji
loo for selling opportunity on WTI CRUDE OIL
following through to the downside after yesterday’s weak session.
The selling was driven as California tightened its pandemic lockdown
through Christmas and coronavirus cases continued to surge in the United States and Europe.
its more likely to see a lot of noisy in the oil markets its just like every other market
based on price action on the 1hr chart the price is trending below the 50MA and there is also a big rejection doji
loo for selling opportunity on WTI CRUDE OIL
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Related publications
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.