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Light Crude Oil Futures

OIL in limbo, can go either way, waiting

101
We've called oil pretty decently before but a lil tough at the moment

Daily
#OIL has been in a bad downtrend.
Currently it is forming a symmetrical triangle.

Weekly
Oil is trading below its moving avgs.
Volume is lessening.

This is a hard commodity to call at times.
Anything can happen, war, cuts, etc...
ROYAL_OAK_INC
Also on:
Chart PatternsCrude Oil Futures WTI (CL1!)Technical IndicatorsOiloiltradingTrend Analysis

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.
Chart PatternsCrude Oil Futures WTI (CL1!)Technical IndicatorsOiloiltradingTrend Analysis
ROYAL_OAK_INC
Also on:

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.