Oil is continuing its move down from ascending channel resistance @57.00, and we can probably expect to see it bounce from support at or slightly below 48.00 by the end of the month, which will be a good time to go long and ride it back up to resistance around 60.00
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.