Oil is in the hands of the bears ahead of Fed

Name: Oil is in the hands of the bears ahead of Fed
Uploaded: 2023-05-03T11:29:20.724177
Channel: Ross-J-Burland
Description: the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

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CFD sur Pétrole brut WTI (TVC:USOIL)

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Trend Analysis Harmonic Patterns Chart Patterns

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the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

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