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doncharles005

Short term outlook for oil price action

WTI 原油差价合约 (TVC:USOIL)  
doncharles005  
TVC:USOIL   WTI 原油差价合约
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Support 1 for oil us at US$77.21/bbl. This align with a low and a Fibonacci Retracement.The next support is at US$67.94/bbl. I don't expect oil to reach this low especially with these wars occurring.
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