crude oil prices technical analysis update
The same story repeats again …..
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| CRUDE OIL |
COT position and MAP position
In terms of positions monument, we can see some interesting stuff
There is more room for decline – short traders advantage
pay attention
Periods of june 2015 with oil Positions
And again in the same story in august 2016
There is more room to press down • Pay attention to the number of positions
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| crude oil cot position |
Technical Analysis:
If oil will move below 39.70 again the next stop will be at 37.20+_, we can see that there is even more room for lower prices numbers 33-35 area,
for my opinion crude oil expected to meet again 33-34$
The trend is bearish as long as crude oil stay below the level of 43.80 – 44.60 -Move above will change the trend
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| crude oil analysis |
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice
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