USOIL- Trend analysis and trading advice!
USOIL- Trend analysis and trading advice!
Post Election we have seen a waning demand for oil, with the last Administration keeping it at sustained lower prices.
Despite a turnaround somewhat in sentiment on the day, there has been no enormous follow through of oil inflows so far.
Momentum comes into today to the upside, but not willing to short until there is something significant to the upside.
Post Election we have seen a waning demand for oil, with the last Administration keeping it at sustained lower prices.
Despite a turnaround somewhat in sentiment on the day, there has been no enormous follow through of oil inflows so far.
Momentum comes into today to the upside, but not willing to short until there is something significant to the upside.
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