Crude Oil In Danger Of Doing Even More Major Technical Damage
November 21 (King World News) – From Andrew Adams at Raymond James: All is not well in crude oil, however. I mentioned last week that $55 really needed to provide support and stop the freefall in the commodity, and it appeared to happen at least for a few days. Yesterday, though, WTI broke down through $55 without putting in much of a bounce, which looks to be a red flag (see chart below)..."
November 21 (King World News) – From Andrew Adams at Raymond James: All is not well in crude oil, however. I mentioned last week that $55 really needed to provide support and stop the freefall in the commodity, and it appeared to happen at least for a few days. Yesterday, though, WTI broke down through $55 without putting in much of a bounce, which looks to be a red flag (see chart below)..."
at https://kingworldnews.com/one-of-the-greats-in-the-business-just-warned-something-is-different/
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