The price may rise to $82 but could also fall to about $70. 101.9 million barrels of oil will be consumed worldwide per day. By next year, the oil markets appear to be oversupplied. Highlights Lower Russian output and more demand brought on by China's reopening could help oil prices. Low demand and a bleak macroeconomic outlook for China When the...
Big Move AHead!? BTC had a hard month and might be ending the year below 50k. The rising wedge we have had already breakout to the downside and touched the target breakout of $46,712.19, so now we are waiting for another pattern to form and see where it will take us. In 1-Hour Timeframe we are currently forming a Double Bottom (W) pattern which shows bullish....
BTC correction is expected to last for up to 2 more weeks to come, but bullish year-end is still on its way.
Contract - CME_MINI:MNQH2021 - High - 12855.75 - Low - 12840.00 Current Stats - Gap: = N/A - Session Open ATR: 165.99 - Volume: 8k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...