$usoil support 47.70 target 49.83 then sell to 47.17
Bigger opportunity is buying oil at 45-47 level target 60 for winter.
As more energy will be used in winter then summer, less solar energy in winter.
opec provider will support higher price
dollar weakness trend oil higher
Downside risk stocks market might sell off lead to risk aversion
Bad economic data lead to slowing economic projections
As more energy will be used in winter then summer, less solar energy in winter.
opec provider will support higher price
dollar weakness trend oil higher
Downside risk stocks market might sell off lead to risk aversion
Bad economic data lead to slowing economic projections
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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.