TSX:SGY - Post Discussion
Post by
Carjack on Dec 01, 2023 2:47pm
Oil
The price of WTI fell nearly 3% after the OPEC announcement, but it is already sitting at firm support. This level, near $75, has been tested numerous times in the last month and appears to be a bottom for the market. The indicators are set up for another bullish swing within the greater trading range, and it may begin before the end of the year. If the market cannot sustain support at $75, the next target is near $69.
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