The EIA data is out at 10:30 am New York time they expected a draw (less) supple of oil this report (-1.5mm) but a private report is saying a increase of 4.5 mm so this will bring oil down to around 58 and if the 58 support breaks then down to 57 which is the next support. Be worry tho because amco IPO and the fact they want oil to be high I’ll be selling oil a few hours to minutes before the data based off last week act that happen when they were wrong with the data $1-2 sell off of oil.
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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.