oil price are coming down since biden selling their SPR and price has made new lower low after abcde triangle correction breakout on fear of recession in economic super power usa
but new temporary QE has given full fuel to fed pivot
if price makes bottom at $65 and break about $93 than it will be stagflation 2.0
low growth and high inflation
but new temporary QE has given full fuel to fed pivot
if price makes bottom at $65 and break about $93 than it will be stagflation 2.0
low growth and high inflation
Comment:
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