Oil is in the hands of the bears ahead of Fed

Name: Oil is in the hands of the bears ahead of Fed
Uploaded: 2023-05-03T11:29:20.724177
Channel: Ross-J-Burland
Description: the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

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CFDs em Petróleo Bruto WTI (TVC:USOIL)

TVC:USOIL CFDs em Petróleo Bruto WTI

Trend Analysis Harmonic Patterns Chart Patterns

trendanalysis harmonicpatterns chartpattern

the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

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