Oil Reverses Lower Faster Than You Can Blink
Earlier today, crude oil futures opened the day with the bearish pink gap, invalidating yesterday’s breakout above the channel. This bearish development triggered further deterioration in the following hours, which means that our yesterday’s analysis is up-to-date also today: The sizable red gap remain in play. It keeps supporting the bears …
News story posted on 2020-01-02T17:26:00.0000000Z