Anoinvest

Oil close to a very strong support

Anoinvest Aggiornato   
TVC:USOIL   CFD Petrolio WTI
Well it looks like that even beer is more expensive then oil right now.

Oil is reaching 1985-2000 support zone

Will it hold ?
Commento:
When the lockdown will end the demand for oil will increase rapidly ( Recreation / travel / logistic demand )
Commento:
3 white soldiers forming on 15m tf looks like there is some interest around this 35 years old support
Commento:
Sub 1984 prices for oil 8.8 bucks ... -53% in a single day just WOW
Commento:
Oil at 5.2 USD at the moment of writing ... looks like there is no bottom
Commento:
well and here we are at 0.01 USD ...

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