USOIL support reached, could get slippery for shorts

26 Ağu 2022

If they don't break 90, it's a buy. Inverted head and shoulders points to a target of 104-105. If the market rallies from here, Oil likely will as well, but we'll see about both quite soon. My feeling is it should continue up to correct the massive move down and this is the price to try a long. Good luck!