- Crude oil shows a bearish candle at golden ratio
- Daily chart too closed below 200 Day SMA.
- If price sustains below these two resistance levels we may see correction in the coming weeks.
- Last chart shows possibility of a bigger move which is possible if price starts to trade above last weeks candle. Price breaking below 50 Week SMA which is near 95 will favor bears of crude oil.
- S&P 500 WEEKEND UPDATE
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