A point & figure look at the oil
Point & figure chart has a story to tell on crude oil : inverted head & shoulders.
The neckline is broken so the trend change is underway with an ultimate target being around 100$. With the first hurdle at 67.95$ cleared, others lie ahead at 75.30$, 84.50$ and 92 respectively. A close below 63$ will invalidate the scenario
The neckline is broken so the trend change is underway with an ultimate target being around 100$. With the first hurdle at 67.95$ cleared, others lie ahead at 75.30$, 84.50$ and 92 respectively. A close below 63$ will invalidate the scenario
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