Is this it? Headed into the end of 2023 - are we going to see Crude Oil fall below $76 ppb as COVID & economic concerns trap the global economy into a contraction phase?
My research suggests Crude Oil will attempt to find support near $63 to $65 before attempting to bottom. From current levels, this suggests a -$30 ppb downward price trend is likely.
Two things are likely driving this trend:
Lack of global demand
Inflation/Price concerns
Has the current Flag/Pennant reached the APEX and is price attempting to break downward?
Time will tell...
Follow my research.
My research suggests Crude Oil will attempt to find support near $63 to $65 before attempting to bottom. From current levels, this suggests a -$30 ppb downward price trend is likely.
Two things are likely driving this trend:
Lack of global demand
Inflation/Price concerns
Has the current Flag/Pennant reached the APEX and is price attempting to break downward?
Time will tell...
Follow my research.
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-- Special TradingView Tools
-- Automated Trading Systems
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-- More..
Join Ment.com Expert Growth Today
Get Some.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。