USOIL - Will fall further! OVERALL DOWN TREND still intact!

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Short and long term - all technical signs are BEARISH and leads to SHORT it now! Upper trend line "HIGHS" are moving from lower to lower "HIGHS"! Lower trend line "LOWS" are moving from lower to lowers "LOWS"! A clearly sign for an OVERALL DOWN TREND!

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ملاحظة

Forgot to say - STRONG SELLING if $60.83 breaks! Be prepared! We are not far away! ;-)

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ملاحظة

JAPAN - goes into "SHUTDOWN" for the first time!

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GERMANY - "CURFEW" throughout the country!

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INDIA - Oil demand to buckle in India as COVID surge wreaks havoc!

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ملاحظة

Surge in worldwide COVID-19 cases in India and other countries contribute to worries over the oil demand outlook. Be careful! Hopefully no 2020 Deja-vu?!