UKOIL - Breakdown
With US marketss falling and Crude falling in tandem..its not a good sign for the economy..
It could be a lead indicator for weakness in the markets..
Watch for stoplosses if this continues to melt down further.
If your trading oil..short at current prices with stoploss above 83.50.
It could be a lead indicator for weakness in the markets..
Watch for stoplosses if this continues to melt down further.
If your trading oil..short at current prices with stoploss above 83.50.
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.