Oil broke higher after the OPEC production reduction which has left a gap in the chart
we are at a point of control now that could extend into
86 or retrace to fill the gap before completing the move higher.
we are at a point of control now that could extend into
86 or retrace to fill the gap before completing the move higher. Note
The market fell short of the ideal target but made highs with divergence, we are now testing the support area and filling that gap, as discussed markets don't like gaps so that should complete itself next week. Then I will do a fresh update
Mark Langley
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Mark Langley
Disclaimer
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.