Huraian
⋅ Monthly Support.
Confirmation in monthly technicals levels will give more opportunity to add up the position.
The plunge inn crude oil prices may force the Saudis and the Russians to cooperate too try to drive out U.S frackers.
Oil prices would then recover to the 40$ - 60$ per barrel range.
But the resilient frackers will keep nipping at their heels.
Probability for it to go to 0?