Oil

CRUDE OIL: DOWNTREND LINE BREACHED OUT, GO FOR SHORT June 19, 2019

By looking at the daily chart we can see that Crude oil is falling down and making successively lower lows and lower highs. The first look of the chart is showing that bears have taken the charge and heading south side. The way it is falling down it seems like it’s just a starting further rally is still awaited. The downtrend line has been breached out which is supporting the bears.