This analysis is in correlation to the UCAD short I posted below.
I see oil retesting the $58-$60 zone then heading back down over the last 2 quarters of the year to retest the $51.64 level then continue to test $48.11 area.
There is a possibility of Oil retesting the $66.58 area before the drop as well.
Thoughts?
I see oil retesting the $58-$60 zone then heading back down over the last 2 quarters of the year to retest the $51.64 level then continue to test $48.11 area.
There is a possibility of Oil retesting the $66.58 area before the drop as well.
Thoughts?
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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.