Why crude oil prices move in levels and stages, and why the immediate target is around $140.
Last June, we identified the current stage at a support level of $60, and today it is heading toward this upper band target.
We will examine why crude oil moves in levels and stages, and why once one stage is cleared, it does return.
For example, we saw how crude oil progressed from the $10 stage to the $30 stage, and now to the $60 stage and higher as a new norm.
Micro WTI Crude Oil
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Last June, we identified the current stage at a support level of $60, and today it is heading toward this upper band target.
We will examine why crude oil moves in levels and stages, and why once one stage is cleared, it does return.
For example, we saw how crude oil progressed from the $10 stage to the $30 stage, and now to the $60 stage and higher as a new norm.
Micro WTI Crude Oil
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。