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taha.boukhari.med

Oil May reverse at the actual resistance level

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CFD sur Pétrole brut WTI (TVC:USOIL)  
taha.boukhari.med  
TVC:USOIL   CFD sur Pétrole brut WTI
Trend Analysis Fundamental Analysis Beyond Technical Analysis
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trendanalysis fundamental beyondta
-OIL resistance level at the 100 MA that played resistance/ support level for the last 5 times.
Including fears of slowdown growth around the world which impact demand.
-CME Group’s flash data for crude oil futures markets noted traders scaled back their open interest positions by around 16.7K contracts on Friday, reversing two daily builds in a row at the same time. Volume followed suit and remained erratic, diminishing by around 289.5K contracts
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