Sunday, 11 November 2018

TechnicaL analysis for crude oil

1)Volume chart:accumulation rising(A) and distribution dropping(B);2)Gasoline RBOB:bullish sentiment outpowering bearish sentiment;Heating oil:bearish sentiment much weaker than bullish sentiment;Crude oil call spread options:bullish sentiment for crude oil since January 2018 reaches for the second time an all time high.Conclusion: A rebound in the crude oil price is in the works.My links to Facebook https://www.facebook.com/FUTURESOPTIONSANALYTICS
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Regards,
Antonio



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