Crude Oil Short Setting Up
Crude Oil is finally looking like it's about to stall and potentially pull back. Back in April, on the gap up, the peak of that Bollinger Band comes in at 91.18. I consider that unfinished business for the bulls. Once that's achieved, then I will look for the daily Bollinger Bands to start coming back in and volatility to start contracting, looking for a mean reversion move in Crude Oil.
The bulls have control until those Bollinger Bands come in, so be patient. The move lower may start before that, but it's not about picking the top, it's about executing the next move.
The bulls have control until those Bollinger Bands come in, so be patient. The move lower may start before that, but it's not about picking the top, it's about executing the next move.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.