top of page
Writer's pictureMoor Analytics

CRUDE OIL for 2/3/20, $9.42 attained of projection from $59.84!


The break back below $59.96-84 warned of heavier pressure, likely down toward $51.00 (-). We have seen $9.42 of this so far, taking out $51.00 this AM. Decent trade above $52.18 (-3 tics per/hour starting at 9:00am) will put this above a steep formation that will warn of decent short covering; but if we break above here decently and back below decently, look for decent renewed pressure to come in. NOTE: This is just a small portion of the market calls I provide my clients twice daily in the Crude, and across the North American and European Energy spectrum. If you are interested please feel free to contact me.

Comments


bottom of page