Based off my analysis I'm currently waiting to see if bears will break through the weekly TL. Oil has also failed to break the strong resistance area which is a confirmation for a sell ( resistance you sell / support you buy ) The resistance area is also near 61.8 fib.
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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.