USOIL - A Recession in the not-too-distant future
Commodities super cycle is over? Or we are heading towards recession? Only Gold in the previous week gave some gains to their investors while the other remains in question
Let's talk about the oil in particular amid to investors eyeing recession is not too far. Technically speaking, USOil is holding the 94 firmly while it made a inverse headnshoulder indicating more downside.
If this range of 30$ is broken, we have a clear target and recession in not to distant than.
Its important to see how Biden administration deal with OPEC countries about the supply and Putin-Salman talks.
Where do you see we are heading?
Let's talk about the oil in particular amid to investors eyeing recession is not too far. Technically speaking, USOil is holding the 94 firmly while it made a inverse headnshoulder indicating more downside.
If this range of 30$ is broken, we have a clear target and recession in not to distant than.
Its important to see how Biden administration deal with OPEC countries about the supply and Putin-Salman talks.
Where do you see we are heading?
