We are the furthest from breaking recent lows of any of the big 3, but the correlation is still hurting bulls.
If we break down the next support is $55 and the 4 hour RSI level will be just entering oversold.
Need to see a high volume flush for the bounce to be more prolonged than we have seen the past couple days.
Break of the 4 hour lower highs required to shift trend back to the bulls.
If we break down the next support is $55 and the 4 hour RSI level will be just entering oversold.
Need to see a high volume flush for the bounce to be more prolonged than we have seen the past couple days.
Break of the 4 hour lower highs required to shift trend back to the bulls.
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