#Oil = Daily Update = 14.12.2022 #WTI #commodities #usoil #CL $CL $WTI #oilandgas $oil #energy

As forecasted yesterday, #oil moved higher today and completed Three White Soldiers on the daily frame. The combo is bullish and the odds of moving upwards are high, although oil has a chance to consolidate/pull back before forming the next leg higher.

If the bullish momentum is not flipped by Friday, oil has a good chance to develop a weekly bullish candle formation and extend the rally further.

All mid and long term projected paths and targets remain unchanged, as outlined in the weekly analysis on the weekend.

Oil Weekly Analysis:

Natural Gas Daily:

Join us on Telegram: https://t.me/InvestingAngles

You follow @InvestingAngles – we offer the best forecasts!

%d bloggers like this: