Oil heavy-Crude Oil still stuck in a channel threatening lower
price action indicates pressure to the downside.
with banks getting bailed as consequence of rates, it doesnt exactly say "booming" economy, does it.
All of these recent days are inside days. so presuming oil is bearish is just an opinion until it breaksout either way.
but it sure looks like pressure will be to the downside. Heating oil, gasoline, and nat gas all are showing weakness.
with banks getting bailed as consequence of rates, it doesnt exactly say "booming" economy, does it.
All of these recent days are inside days. so presuming oil is bearish is just an opinion until it breaksout either way.
but it sure looks like pressure will be to the downside. Heating oil, gasoline, and nat gas all are showing weakness.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.