VIDEO ANALYSIS: Crude Oil
May 30 2017
Last week we have seen some interesting price movements on crude oil. I covered this market few times on twitter feed and highlighted an interesting reversal pattern before price fell sharply from 52.00 levels down to 48.30 low. It was a strong move, so traders are wondering if they should trust current weakness or is that a new set-back that can potential take price higher in June. To answer some of these questions I put a new video together for oil. See it below.
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