CFDs on Crude Oil (WTI)Updated Decision time in the trend of oil for the next 5 years....
Mark your calendar folks, September 19/20 for the FED's FOMC.
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.
I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90 oil again. Likewise if it does not, $26 re-test here we come!
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.
I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90 oil again. Likewise if it does not, $26 re-test here we come!
Note
Looks like green.... we'll see in another week.Note
Broke out. First target $73Note
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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.