The area to watch is 45.69 to 46.16. If crude oil remains above that level the trend is still bullish. A solid close below 45.69 would be bearish or neutral at best. That threshold area, or pivot point area is the low end of the recent range (white rectangle on the chart). I use those areas to determine trend and where I generate potential trades on any asset. Also keeping an eye on net volume to see whether its expanding or contracting into a pivot zone. Even though there was heavy selling today there is still some space between here and there for now.
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Stay Curious
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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。
