- First chart is the weekly chart of crude oil with fibonacci levels for the fall from 147 to 33 levels. price is getting resisted at golden ratio. For bulls price need to close the week above this level and trade above 105 for this up move to continue.
- 2nd chart is the daily time frame with 50 Day SMA and the trend line which are important supports for the short term. Trading below these levels will be bearish for crude oil.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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