#Oil = Quarterly Analysis = 03.07.2022 #WTI #energy @markets @seekingalpha @wsjmarkets #commodities @CNBC $usoil #CL1!

This #oil chart was shared on May 12th and this is how the same chart looks today.

Will it go further down or resumes the rally? Let’s evaluate the commodity from different angles and discuss the perspectives.

This overview covers:
– long and short term forecasts;
– candles and TA on multiple frames.

This post is part of the Weekly Analyses series that @InvestingAngles offers to followers and subscribers. The series covers the US and global major indices; commodities and miners, bonds and volatility, crypto and currencies, and some large cap stocks.

The latest quarterly review and long term forecast:
https://investingangles.com/2022/04/02/oil-quarterly-review-long-term-forecast-02-04-2022-wti-energy-commodities-usoil-cl1/

Previous Weekly:
https://investingangles.com/2022/06/26/oil-weekly-analysis-26-06-2022-wti-energy-markets-seekingalpha-wsjmarkets-commodities-usoil-cl1/

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