#Oil #WTI #USOIL - Look for bounces to be sold.

Looking at Oil, we have dropped dramatically in the past 6 weeks. We can see that we are very oversold on the commodity, but I think IF this resumes much lower, which could well be a possibility, unless OPEC strikes deal in December, I would see bounces to be selling opportunity to low 50s.
brentChart PatternsCommoditiesOilTrend AnalysisUSDWTI

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