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Crude Oil’s Honest Effort For A “V” Turn

10/31/2022

Less than a minute

2022.10.31 19:47

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Crude Oil’s Honest Effort For A “V” Turn

www.investing.com/analysis/crude-oils-honest-effort-for-a-v-turn-200631696

Crude Oil’s Honest Effort For A “V” Turn

By Petros Steriotis | 19 hours ago (Oct 31, 2022 12:16AM ET)

Petros Steriotis

Crude Oil avoided marking a lower low during October. The condition for the market to confirm a V-shaped reversal is to trade above $93. Short shorts may feel comfortable as this daily stop is not hit.

Crude Oil 5-Hr Chart