Husain_Arkghazi

USOIL slaughtered badly, but charts informed this too early

TVC:USOIL   WTI 原油差价合约
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So USOIL slaughtered really badly and historically almost 49% decline in just 3 weeks and this is something which is really a serious topic to worry for world economy, here we see that charts and technicals has warned this so early
1. 200 Weekly MA has broken
2. Trend line connecting lows of 2018-19 also broken at the same time
3. Prices have now gained support from key level of 26-28, so a short term rally is expected, although a second and deeper low is possibly expected.
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