WTI UPTREND CHANNEL OBSERVED...
It's Ok some red candles due to the fast growth on oil prices. However, oil prices are between the uptrend channel, volumen has increased . Let's reach the 50.34 or 61s Resistance levels.
New Elliott Waves cycle just started !,
Why Sir Warren Buffett is Investing millions on oil Companies ? (not a coincidence)
well, this migh answer your question
Notice the Candlestick Reversión Pattern (Green circle) on Monthly Candles, what gives an Stronger signal.
Arabia Saudi, an Oil based economies are loosing a lot of money because of Low/mínimum...