Whole world bullish crude oil now – But..

Crude oil weekly. WTI looking at what was solid support.. If this turns into resistance (which i believe it will) the carnage will be extreme given the one sided bullish bias right now.  This would put crude into the teens.






The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

1 comment

  1. snake eater   •  

    The Saudis can afford $10 barrel. Not sure how long though but too long, it’s war.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>