Crude: Looking For Nice Downside Move Off This Action Level #Oil
Traders,
Probably short off this level, there is a strong resistance area down to the lows so you want to be careful of this level as it could operate as strong support. (Support at 44.00's to 42.60's.) If broken it's a longer term confirm bearish
Best of luck,
Tom
Probably short off this level, there is a strong resistance area down to the lows so you want to be careful of this level as it could operate as strong support. (Support at 44.00's to 42.60's.) If broken it's a longer term confirm bearish
Best of luck,
Tom