Oil Chart

2023년 11월 16일

Each green line is a resistance. The red line at the bottom is the trend line from the March low. If Oil cant hold 73.20 then the bottom should be down to the red line at around 70.70. Larry Williams is expecting a rally by year end and into the spring. So get ready to buy down at the 71.00 level. I like XOM personally to play the oil swing. But to each their own.