Crude Oil Daily Outlook
CRUDE OIL closed lower on Tuesday and the lowrange close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. Closes below last Wednesday's low crossing would confirm that a shortterm top has been posted while opening the door for a largerdegree decline into early August.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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