Decision time in the trend of oil for the next 5 years....

Mark your calendar folks, September 19/20 for the FED's FOMC.
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.
I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90 oil again. Likewise if it does not, $26 re-test here we come!
Given the volume profile right now, we're in a pretty fair value range. Going up/down $5 within this range will determine its trend for the next few months to years.
I'm having a little bullish bias here, but we'll see the market says soon...
If oil does broke out, watch out folks! We're in for $90 oil again. Likewise if it does not, $26 re-test here we come!
Nota
Looks like green.... we'll see in another week.Nota
Broke out. First target $73Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.