Crude analysis as of 27 aug
Even after the bullish inventory news (-4.689M) crude did little yesterday. It did form a higher high but the momentum stayed mixed. At this point we should look at dips as buying opportunities. It is a choppy market which is just grinding upwards in a very slow pace.
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A Great opportunity today will be to buy some where near 42.60$ to take it back to 43.50$ - 44$ handle. Again holding positions for long is a concern. Book profits when available.
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A Great opportunity today will be to buy some where near 42.60$ to take it back to 43.50$ - 44$ handle. Again holding positions for long is a concern. Book profits when available.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.