Crude oil reacted cool in today’s risk-off sentiment, trying to build some decent base, but that’s all for the bulls.
chart: investing.com
Crude oil reacted cool in today’s risk-off sentiment, trying to build some decent base, but that’s all for the bulls.
chart: investing.com
The steepness of the last quarter’s downtrend is not sustainable and a volatility decrease can be expected.
chart: investing.com
The first step for crude oil bulls is to break this clear downtrend line. In that regard time can wotrk in their favor as some bounce, even a technical or an “artificial” one is long due.
chart: investing.com