Just a brief breakdown of the recent Oil decline. Recently broke below the $30 mark which saw price retest this for resistance and continue to sell off.
I believe that we can see more downside on Oil and will be a confident buyer at $25.13-$23.61 and $17.63-$16.11
Great zones there for buying Oil which are the only 2 key supports that I see now that we are below the $30 mark. I expect further downside.
I believe that we can see more downside on Oil and will be a confident buyer at $25.13-$23.61 and $17.63-$16.11
Great zones there for buying Oil which are the only 2 key supports that I see now that we are below the $30 mark. I expect further downside.