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Peet_Serfontein

Brent$ spot: Heading lower to test 39.40?

Short
CFDs on Brent Crude Oil (TVC:UKOIL)  
Peet_Serfontein  
TVC:UKOIL   CFDs on Brent Crude Oil
Trend Analysis Technical Indicators
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trendanalysis indicator
💡 A moderate bearish bias is applicable below 41.05.
At the brink of crossing bearish on the MACD on the daily time frequency. Upside price momentum halted, supporting a bearish trend. Downside target: 39.40. Upside target for a break above 41.05 will be 41.63.
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