US Oil inventories showed a negative change/figure on the last report -2.5M. However, the previous one was positive.
It means that there is no clear trend, just volatility and technicals are strong. Seems here that the price got out of consolidation and move downwards.
Passing the levels depicted should push the price further down.
It means that there is no clear trend, just volatility and technicals are strong. Seems here that the price got out of consolidation and move downwards.
Passing the levels depicted should push the price further down.