Crude oil testing support of its 17-year trend channel

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?


MORE ON



1 topic

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

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.