Oil Demand not back to pre corona yet
Oil Bears still have control of the market. The Ascending Channel broke out to the downside and bulls have currently retested. My assumptions are the bears are still in control which will lead to a reversal following this retest towards 35 possibly.
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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.