$70 OIL SHAKEOUT?

Cập nhật
Most commodities seem to be preparing for a bull-rally but oil has been on a run of its own since February, rising 18% (from $58 a barrel to just about $70). However, the $70 price level seems to indicate potential weakness in buy-side pressure and may lead to the start of what might be a serious bear play.

Its quite tough to call a top, so here is a picture of what I think the possible scenarios are:

ảnh chụp nhanh
Ghi chú
A bit more upside, but I think we are rising on very thin ice.

ảnh chụp nhanh
Ghi chú
If this current momentum holds, the top may be confirmed.

ảnh chụp nhanh
Ghi chú
Oops

ảnh chụp nhanh
Ghi chú
Consolidation time

ảnh chụp nhanh
Chart PatternsOilTrend AnalysisUSDWTIWave Analysiswticrude

Bài đăng liên quan

Thông báo miễn trừ trách nhiệm