Month. The important price is 34 for a monthly close. The drop from the top at 144 got a triple bottom in 34 area breaking the falling 8 MA on upside which started the rally to 118. The drop now has lots of support between 21 and 34. The daily movements are only speculative technical trading. Iran is still a question mark for OPEC plus Russia which have agreed to slow down output.
Month line
No comments:
Post a Comment