Update: Rejected by weekly resistance zone. Now testing support

Light Crude Oil Futures (NYMEX:CL1!)

NYMEX:CL1! Light Crude Oil Futures

Oil crude SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) WTI Energy Commodities

oil crude spy spx spx500 wti energy

Update to Oil's analysis
Oil was rejected by the weekly resistance zone and the daily downtrend line.
Now testing a daily uptrend line and the 200 days MA line as support

Related Ideas

about CL1!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.