Bearish Trigger Hit - Crude now in Bear leg of saw-tooth pattern
1. Bearish Stochastic RSI and RSI triggers have been hit signalling a 2-4 week bearish run.
2. Crude is still range bound in a bullish trading range with an expected range of 48 to 56
3. Still expect Crude to be in the $60 range by early next year. Fundamentals still driving the bullish trading range.
2. Crude is still range bound in a bullish trading range with an expected range of 48 to 56
3. Still expect Crude to be in the $60 range by early next year. Fundamentals still driving the bullish trading range.