November 13, 2017

CRUDE Oil weekend update

  • Crude oil weekly chart shows price near the resistance line. For bears of CL needs the coming weekly candle to be a Red one to confirm weakness.
  • 4 Hour chart shows a small range. Considering the resistance line in weekly time frame a Close below the range will favour bears of CL.
  • Daily time frame with RSI shows high overbought levels.
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