Oil Just above resistance. However, the volume is not there. Bullish chart patterns (cup handle or inverted Head and Shoulders) somewhat present. Bullish long term if volume picks up and this break holds. If there is further weakness in the dollar, that might help also. Could also bounce off Fib and continue down. Watching this level.
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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.