YuriyIvashchenko

Volume spread analysis of Oil CL1

Short
NYMEX:CL1!   Light Crude Oil Futures
Yesterday, the Ministry of Energy data on US oil reserves (Crude + 6.49MM, exp. + 2.5MM) was released. The instrument responded with another wave of decrease. It is worth noting the breakdown of the consolidation triangle, which indicates the continuation of selling pressure. The key volume resistance is 73.56 - 73.10. We see the potential to reduce the tool in the near future with target levels of 67.70 - 67.00!
Volumetric analysis chart in volfix
i.gyazo.com/747d0f2f...9bf34589ae5019f9.png
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