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Aug 6, 2022 12:38 AM

OIL B O T T O M E D fib .618 and .382  Long

Brent Crude FuturesICEEUR

Description

A close up view for viewing . and at worst a rally back to make a right shoulder
Comments
dRends35
I dont think Oil bottomed and very little chance it makes it back to RS imo. Its accelerating into the dominant downtrend that cause has built through long corrective ascending channel. This is the effect - I think. Great time for shorting oil stocks. Thanks for the post.

KINGdewd
Oil going insane south where it belongs. Soon the dollar will follow
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