The oil market is held up by new long interest working the sell orders of prior buyers, who are by now feeling the urge to re-enter. In fact, the best time to counter a trend is when the urge gets too prominent; with another 10% of upside here, one can start switching from buy-into-weakness approach to sell-into-strength until that green rate is met by this contract's offer price.
CLM2021Gann BoxGann Squarelong-termOiloilforecastoilfuturesoillongoilpriceoiltradingSupply and Demand

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