Friday 10 February 2017

Crude Oil Finds a Higher Floor

 Crude Oil Trading Signals

Unrefined has been in a holding example all year (it is just February however). Keep in mind, the sideways exchange is occurring taking after a break above critical flat levels yet situating (COT) is extraordinary so the possibility of this breakout coming up short has been bleeding edge in my psyche since early January. In the event that rough continues higher, then focus on the middle line. On the off chance that it breaks lower, then focus on 49. All things considered, yesterday's (2/8) day by day inversion loans the outline a significantly more positive vibe than some time recently.

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