Breaking through the 49.5 floor and in to new territory. It is time to test the new ceiling of 49.5
WTI has shown room to shave off a few more cents down to around ~$44.37. Then a return to the ceiling to validate it.
A soft ceiling means high prices are possible. A solid ceiling will indicate a return to our bear oil market.
WTI has shown room to shave off a few more cents down to around ~$44.37. Then a return to the ceiling to validate it.
A soft ceiling means high prices are possible. A solid ceiling will indicate a return to our bear oil market.
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.
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.