Today's intraday reversal has been a rare occurrence since early Summer 2015. The move lower has taken oil below the bearish trendline. We're seeing some consolidation in the 37ish range. Look for the next leg lower to 33.
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.
