Significant resistance as per Fib retracements at levels- 93- fib .382 followed by 101- fib .5 Given the uncertainties surrounding supply and its goal of further reducing global stocks, Saudi Arabia is likely to extend its voluntary 1 million barrel per day oil production cut for a third consecutive month into October.- according to analysts of Reuters. Buoyed...
It looks like the correction is far from over. ADX & DI indicates a sell signal. Headed to 24500-21500-20000.