energy_market_observation_featured

Energy Market Observation 08.07.22
WTI Oil

Having seen major gain after the Russian invasion. The chart shows well defined boundaries shown by the red lines. We would suggest a break and close beyond these would define the next directional move. In the meantime, expect volatile whipsaw action as Risk on, risk off dictates.

*Market Observations are NOT trading recommendations*

About SGT

SGT is a multi-asset trading and investment specialist; setting the standard since 2006.

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