Bearish Market indicated. Will we see 19 $ per Barrel ?
on lower time frame we have break for lower border of the daily uptrend channel ,
this is just and out line
very early to decide
coming mid April oil discussions on cutting production ,,,, their results will effect market
this is just and out line
very early to decide
coming mid April oil discussions on cutting production ,,,, their results will effect market
Comment:
watching this chart i posted 3 month back , with the news that eventual many were saying the prices will drop if they didn't agree , yet countries didn't agree but the market rallies to expected area!!!
news :)