Breaking below the multiple low 50s support area will complete the long-term bearish top formation and will show increased probability to re-visit the low 40s.
Crude Oil Review - Friday, Jan. 31
Breaking below the multiple low 50s support area will complete the long-term bearish top formation and will show increased probability to re-visit the low 40s.
Disclaimer:
All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for any actions taken or not taken by third parties after reading the blog! You are advised to consult with a qualified professional before making any investment decisions. I may have an interest and may make purchases or sales in the securities referred to in the blog. Please ask for my consent before re-publishing blog content. Thank you!
Comments
Log in or sign up to join the conversation.