West Texas Oil

Momentum against the Trend

58
Every market move whether up or down has to start somewhere. Advances begin with momentum. Positive momentum (as represented by the green circles under price) can be a short-lived thing. The trend is still down in Oil but and momentum reversals are reasons to cover short positions and prepare to get long if/when the trend changes from down to up (when price closes moves above the red trend line).

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。