Crude rounding out and putting in a bottom ?
Technicals - $76 is the old peak from 2018 before the crash into -ve territory in 2020. Price has fallen heavily from the highs, looks due a bounce
Fundamentals - Bullish arguments include China's economy coming back from zero covid, inflation lower but still high, US recession risk priced in
Technicals - $76 is the old peak from 2018 before the crash into -ve territory in 2020. Price has fallen heavily from the highs, looks due a bounce
Fundamentals - Bullish arguments include China's economy coming back from zero covid, inflation lower but still high, US recession risk priced in
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tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Signup to my newsletter:
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.