Trump at it again...Jaw boning crude oil.

Discussion in 'Commodity Futures' started by Rickshaw Man, Apr 26, 2019.

  1. Crude oil Technical analysis
    Short term trend has changed to bearish and 63.50-63.80 $ oil price level became resistance, we need to watch on 61.80+_ price area that may become short resistance area or support level If 61.80 $ will break down break then we will see 59.30+_ or even 58 $ price, while crossing up and stay above 63.50 $ price level will send crude oil to cope with the 68-69 $ and even 73$ _ price level, Stay below 58 $ levels will show us that this was just a correction for the big journey down oil experience since 76$ and crude oil prices could back to lowers again [​IMG]
     
    #91     Apr 28, 2019