Oil MACD Cross Alert 01.09.2022
Oil is technically close to conditions in 2008. A MACD cross is just a few pips away. Be prepared, as alerted in July. Oil Monthly Analysis (July):https://investingangles.com/2022/08/27/oil-weekly-analysis-long-term-forecast-27-08-2022-wti-energy-commodities-usoil-cl1-markets-cnbc-marketwatch-oilandgas/ Oil Monthly Analysis (August):https://investingangles.com/2022/08/31/oil-monthly-analysis-long-term-forecast-31-08-2022-wti-energy-commodities-usoil-cl1-markets-cnbc-marketwatch-ft-seekingalpha-oilandgas-oil/ Detailed projections for the chart below were discussed in the July Monthly. Based on this XLE long term projection, the wave down for oil-related…