jineshcal
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since Aug 2, 2019
supportandresistance
trendanalysis
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Looking at the channel and long term resistance, oil clearly bounced off the low of the channel. I think that oil could up to the top of the channel or slightly higher before heading downwards.
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I think overall sentiment might be bullish in medium term but for immediate term it is bearish.
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Oil chart - looks like its going to 54, this is just basic support and resistance chart.
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