Vertical lines show rollover dates. I'm anticipating prices to remain bullish until rollover and then rangebound between 50 and 54 through November roll period. At that point we will be a week away from the OPEC November meeting and I'd expect prices to drop to a more neutral range near 48. Once that happens I'll expect the 45.62-50.37 range to take over. Updates to come.
This is for observation and does not include specific trading setup; I will update with those.
Good trading to all!
This is for observation and does not include specific trading setup; I will update with those.
Good trading to all!
