Clashing forces on the supply side

Here we are tracking the continuation of the move down in Oil.

On the demand side, manufacturing is starting to slow and we are outguessing signs of the effects on the demand side. Equities wont be able to hold Oil up for too much longer, this is starting to look clearer by the day.

Prices will have to fall to offset the move in demand, once this starts coughing there is only one direction for Oil.

Best of luck

Trade geschlossen: Ziel wurde erreicht:

A flawless move...