#Oil = MONTHLY Analysis = 30.07.2022 #WTI #energy @markets @ft @wsjmarkets #commodities @CNBC $usoil #CL1! @seekingalpha @marketwatch

After has closed the month and the week with candles that point in different directions. The indicators, though, seem to support only one. 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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