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Oil Trend in October

WTI 原油差价合约 (TVC:USOIL)  
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TVC:USOIL   WTI 原油差价合约
Trend Analysis Chart Patterns Technical Indicators crude Crude Oil Oil WTI brent
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trendanalysis chartpattern indicator crude crudeoil oil wti brent
The wedge has been valid for about 3 months. According to MACD, we can see weakness and bear exhaustion in the price. Considering the current fundamentals, we can expect a sharp movement toward the upper resistance.
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