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CA_Niranjan
Jun 3, 2022 12:31 PM

Crude Analysis - Short term Short

Crude Oil FuturesNYMEX

Description

Crude - immediate short term bearishness
And a bullish reversal post retracement
Gann & Fib based analysis.
Comments
amerbinmohammed
I think crude will be bearish trajectory untill the US job report after job report it will decide it's path in bullish if job report data is positive.
CA_Niranjan
@amerbinmohammed, yes, it has been bearish for so many reasons but i expect this to be in 105-95 range for July before a bigger breakout. Of late, market swings are huge and can see intraday moves by $10-12 easily on any news affecting sentiments.
amerbinmohammed
yes offcourse sir you done better analysis then me sir. economic calendar events outcome is important to the direction of crude oil.
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