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The Subtle Signs Tipping the Hand in the Oil Momentum Vs. Support Battle
February 7, 2020, 6:53 AMAvailable to premium subscribers only.
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The Momentum vs. Support Levels Battle Goes On
February 6, 2020, 6:53 AMAvailable to premium subscribers only.
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Crude Oil's 2020 Battle: Momentum vs. Support Levels
February 5, 2020, 11:01 AMAvailable to premium subscribers only.
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Oil Sitting at Support - Where Next?
January 10, 2020, 10:03 AMOil's overall situation in the very short term hasn't changed much as major supports remain on the cards. Let's recall our yesterday's observations as they're up to date also today:
(...) the gap remains open and the above-mentioned Fibonacci retracement continues to serve as a support. These suggest that we could see a rebound from here in the very near future. (...) Nevertheless, should we see a successful drop below these supports, we'll likely reopen short positions. We may even reopen them at higher levels after the futures rebound.
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