#Oil = Weekly Analysis = 25.07.2022 #WTI #energy @markets @ft @wsjmarkets #commodities @CNBC $usoil #CL1! @seekingalpha @marketwatch

After hitting the target projected over 2 months ago oil has finally shown a few signs of a possible reversal.

Let’s evaluate the commodity from different angles and assess the probabilities.

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

This post is part of the @InvestingAngles Weekly Series that 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/2022/07/03/oil-quarterly-analysis-03-07-2022-wti-energy-markets-seekingalpha-wsjmarkets-commodities-cnbc-usoil-cl1/

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