Brent running out of steam?

31 mai 2016

Still in the bullish up channel but Stochastics and macd starting to waver here, if we don't take out the high at 50.48 and break the lower trend line, it brings the lower ma's into play around 48.00

1 juin 2016

Note

mini trend line broken, still need to see further development on the technicals to confirm lower, but could well target 48.40/47.65