Ross-J-Burland

Oil is in the hands of the bears ahead of Fed

TVC:USOIL   WTI 크루드 오일 CFDs
the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

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