Crude oil testing support of its 17-year trend channel
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Crude oil testing support of its 17-year trend channel. With the exception of the later stages of the credit bubble, WTI crude oil has traded within the confines of a long-term upward sloping trend channel since the late 1990's. It's about to seriously test this. @qmg are you able to tell us where the next support level is... if this breaks?
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
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