Oversold on Bollinger, but Indicator momentum in line with new lows.
I am looking towards the extension of the previous lows this year to get to 34-35 for support, then 33 (old front month low of January 2009)
Until then, more of the effects of the OPEC meeting, which yielded more supply coming on line in the near future.
These levels are not worth shorting (for me at least), but to sit tight and observe until more meaningful things materialize IMHO
I am looking towards the extension of the previous lows this year to get to 34-35 for support, then 33 (old front month low of January 2009)
Until then, more of the effects of the OPEC meeting, which yielded more supply coming on line in the near future.
These levels are not worth shorting (for me at least), but to sit tight and observe until more meaningful things materialize IMHO
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.