TradingView
0
All posts from TradingView
TradingView in TradingView,

Oil goes lower from here

Oil goes lower from here

Crude Oil WTI NYMEX:CL1!

Note the... I cloud squeeze and continued downtrend indication, downtrend channel, lack of volume this latest downturn(really low) compared to previous ups and downs, price up volume way down last move shows lack of commitment, S&P reacts to oil, and will do same this time for 13 days? or so to bottom of trend channel support or lower?, note the double pipe tops before entering the red boxes down turns. IMO