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eddy121384
May 24, 2019 7:07 AM

Short Oil Short

Crude Oil FuturesNYMEX

Description

Risk-off on the worries of global economy slow down continues as US-China trade war esclates, and the sentiment seemed to dominant OPEC production cut. Price fall below set of MA suppports, and there's no obvious support around. Might sending a signal of further down trend. Weekly MACD histogram remains in the positive-down zone, leaving rooms for further decline.
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