Bearish on Oil, many may be fooled.
My thoughts on #Oil in Q1 remain Bearish.
I think many will be fooled by the recent price action of #CL.
The local resistance appears to be breached but headwinds lay close as the HTF trendline & bearish retest of weekly range support at $85 should hammer Oil back down.
I think many will be fooled by the recent price action of #CL.
The local resistance appears to be breached but headwinds lay close as the HTF trendline & bearish retest of weekly range support at $85 should hammer Oil back down.
History doesn’t repeat itself, but it does travel in cycles.
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