Oil traders are going long aggressively now after recent reports revealed U.S. President Donald Trump signed a $2.3 trillion COVID-19 aid and spending package, pushing oil prices far above their most recent support levels. well that's one side of the coin am seeing bearish momentum for oil if you check my previews update WTI still trending on that renege look for selling opportunities as long as$48.96 is your resistance level
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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.