Oil Markets Going into 2023

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Hey Guys,

Hope you all had a merry XMAS. As I finish the chocolates and Hot chocolates We can bring up a chart..

The current sentiment around oil mixed with former Key PA levels has brought us up to early Resistance for exits / Short Scale ins. Sentiment remains pushing to the upside but NOT strong enough to smash higher yet (along with low volatility Holiday trading)..

But I am sure many are looking at prices as we go into 2023 so here is a Tech Breakdown (bear in mind Sentiment mentioned above).

As always Trade Small Trade Safe.

Penafian

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