Financial Markets eyes heading toward OPEC meeting this Wednesday as speculations deviate between ‘Deal, No-Deal’ for cut production.
Short-Run showing ability to construct “Head & Shoulder” formation which if done at market more drop will be expected for Crude Oil, while this formation will get highly benefit in case if OPEC declare No-Deal.
Any daily close below 45.50 will add more drop pressure signals toward 42.20-50
Above 49.35 more advance will be expected toward 51.50.
CRUDE OIL - WTI