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Forza
18 mar 2020 10:07

Lower crude oil prices are expected if it is fixed below ~25.5 

Crude Oil FuturesNYMEX

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Lower crude oil prices (CL1!) are expected if it is fixed below ~25.5 ...
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level 23.00 was touched.
If price holds below this level, I expect a further downward move toward 19.5!

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It would be the end of the fall in crude oil if the price can hold above 23.00 and then above 27.5...

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As I mentioned in the previous comment, 27.5 is an important level and now the price is trying to stay above this level ...

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price failed to stay above 27.5...

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price is struggling to hold above 23.00 level after failed to stay above 27.5 ...

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