Crude is still within the neckline of the inverse H&S and the downwards trendline which was broken. It should just zig zag at this area until it breaks any of the lines. Swing traders will have to be patience.
Daily support/resistance on 17th Oct: 50.52, 50.39
Weekly support/resistance from 17th Oct - 21st Oct: 50.38, 50.34
Monthly support/resistance for Oct: 47.25, 45.66, 47.27, 45.72 (CLX6), 47.89, 46.40 (CLZ6)
Daily support/resistance on 17th Oct: 50.52, 50.39
Weekly support/resistance from 17th Oct - 21st Oct: 50.38, 50.34
Monthly support/resistance for Oct: 47.25, 45.66, 47.27, 45.72 (CLX6), 47.89, 46.40 (CLZ6)
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