mmdcharts

When oil is bottoming, the end is near

TVC:USOIL   CFD sur Pétrole brut WTI
I believe when oil reaches a low level, the end is near because other players will not accept losing.

What does the action they take so they don't lose? Flip the table.

Lower oil also coincides with the bottoming of stock markets :


Gold also starts to rise so it seems that the Investor has found their risk appetite after Hoarding Cash (shows they are really really concerned).

XAUUSD

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.