Oil just broke above $82 and nobody's talking about it. Yet.
đ Technical snapshot:
⢠Price: $82.48 (+0.43%)
⢠RSI: 53.8 â neutral
⢠Trend: strong uptrend
⢠SMA50: $80.25
⢠3M range: $68.55 - $108.66
đ Key levels:
Support: $70.44
Resistance: $96.6
đ Analysis: Energy trades are macro-driven. Watch inventory data, OPEC headlines, and geopolitical developments.
đ Constructive setup â patience and discipline.
What's your thesis on commodities? Bullish or cautious? đ
#CrudeOil #Commodities #StockMarket
â ď¸ Not financial advice. Always do your own research. Past performance doesn't guarantee future results.
đ Technical snapshot:
⢠Price: $82.48 (+0.43%)
⢠RSI: 53.8 â neutral
⢠Trend: strong uptrend
⢠SMA50: $80.25
⢠3M range: $68.55 - $108.66
đ Key levels:
Support: $70.44
Resistance: $96.6
đ Analysis: Energy trades are macro-driven. Watch inventory data, OPEC headlines, and geopolitical developments.
đ Constructive setup â patience and discipline.
What's your thesis on commodities? Bullish or cautious? đ
#CrudeOil #Commodities #StockMarket
â ď¸ Not financial advice. Always do your own research. Past performance doesn't guarantee future results.