Oil close to a very strong support

WTI CRUDE OILTVC

Huraian

⋅ 20 Apr 2020 pukul 11.42

Well it looks like that even beer is more expensive then oil right now.

Oil is reaching 1985-2000 support zone

Will it hold ?

⋅ 20 Apr 2020 pukul 11.47

When the lockdown will end the demand for oil will increase rapidly ( Recreation / travel / logistic demand )

⋅ 20 Apr 2020 pukul 13.53

3 white soldiers forming on 15m tf looks like there is some interest around this 35 years old support

⋅ 20 Apr 2020 pukul 16.17

Sub 1984 prices for oil

8.8 bucks ... -53% in a single day just WOW

⋅ 20 Apr 2020 pukul 16.50

Oil at 5.2 USD at the moment of writing ... looks like there is no bottom

⋅ 20 Apr 2020 pukul 18.09

well and here we are at 0.01 USD ...

Komen

USCG_Vet

⋅ 20 Apr 2020 pukul 11.46

LOL,
Oil is a alt-coin...

kaiwan

⋅ 20 Apr 2020 pukul 16.03

ProjectSyndicate

⋅ 20 Apr 2020 pukul 12.33

well done, great chart.