Crude, having recovered from negative prices, and rallying to 40ish, is not seen to be at clear and present risk of turning over to drop and burn.
Recent price action formed an ascending triangle, and the last week of trading sessions were relatively flat. This lack of commitment and momentum is starting to look suspicious. The MACD has a bearish divergence waiting to equilibrate.
Potential price breakdown below 39.50 is reminisce of a bear trend forming. Currently, warning signs show of a potential breakdown.
34.50 would be the support if scenario plays out.
Recent price action formed an ascending triangle, and the last week of trading sessions were relatively flat. This lack of commitment and momentum is starting to look suspicious. The MACD has a bearish divergence waiting to equilibrate.
Potential price breakdown below 39.50 is reminisce of a bear trend forming. Currently, warning signs show of a potential breakdown.
34.50 would be the support if scenario plays out.
註釋
The show is just starting...
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。
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。