WTI CRUDE OIL
hell0 traders here fallow up analysis to my previous one
market rallied significantly during the trading session on Tuesday only to give those gains back up. By doing so,
it is at least acknowledging the fact that the market is a bit over bought,
and that a pullback is not only likely, but more than likely going to be necessary at these extreme conditions.
The $59 level of course is an area that will attract a lot of attention look for buying opportunities as long as $59.70 is your support level
market rallied significantly during the trading session on Tuesday only to give those gains back up. By doing so,
it is at least acknowledging the fact that the market is a bit over bought,
and that a pullback is not only likely, but more than likely going to be necessary at these extreme conditions.
The $59 level of course is an area that will attract a lot of attention look for buying opportunities as long as $59.70 is your support level
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Related publications
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.