As Crude Oil productions flatten in 2018, the price will have to revisit $66-$69$ marks soon enough--Rsi is overbought as well.
90$ should be reached before oil productions increase (higher supply than demand) leading to falling prices-->real financial market collapse.
Leaving it here only as a timestamp for myself and the folks interested in strategic/long-term analysis.
Stay Ahead,
AresTrade
90$ should be reached before oil productions increase (higher supply than demand) leading to falling prices-->real financial market collapse.
Leaving it here only as a timestamp for myself and the folks interested in strategic/long-term analysis.
Stay Ahead,
AresTrade
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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.