West Texas Oil

Oil Bearish Structure - WTICOUSD

77
Bearish structure within a bearish structure.. going with bearish on this one.

Oil is interesting because Russia, which supplies 10% or the world's oil supply (per a quick google search), is no longer selling the world its petro.

Maybe demand is falling off...? Maybe Russia was cut "out" and another country was allowed "in"?

I don't know, but price looks bearish for now.

God bless.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.