Looking to see if Oil breaks above $76 and form new support before heading to $77 and $78 where it might bounce off the longer term downtrend again...
Open for discussion, trade at your own risk... have fun!
Open for discussion, trade at your own risk... have fun!
Comment:
Touching $77 today! Hopefully establishes support there and continues higher. Inventory is low, demand is increasing, 2023 looks bullish so far although expect market to be volatile as western governments battle inflation.
