I see oil heading higher in the coming weeks. As long as 46.50 support is holding. Targeting the top of the range near 55 resistance. I have posted several charts on the positive correlation between oil and copper in the past. In recent weeks, copper has been significantly outperforming oil, where i expect this divergence to narrow again and the two to converge.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.