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Crude Oil - Market Direction

West Texas Oil (OANDA:WTICOUSD)  
cdschultheis15  
OANDA:WTICOUSD   West Texas Oil
chrisschultheis lewisglasgow sixfigurecapital kylemcquade Crude Oil brentoil Trend Lines marketdirection opec fundementals
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chrisschultheis lewisglasgow sixfigurecapital kylemcquade crudeoil brentoil trendline marketdirection opec fundementals
With being sure Oil was going to continue its way down on price, OPEC hit us with a curve and decided to change things up...
Announcing the decrease in production by 1.3 million barrels a day, we have seen the price for Crude and Brent Oil skyrocket.

Now, we have price hitting a heavy resistance level...

Will this recent chance in oil production be enough to break this price level this week? Only time will tell...

Please feel free to comment your ideas below. vv
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