Today oil closed with a bullish signal. It likely confirmed a Tower Bottom formation and is ready to flip the short term trend bullish tomorrow.
The long term chart remains the same since September. However, there is a chance of a change if oil forms a strong green candle tomorrow.
Mid Term Chart below (premium content).
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A bigger picture and perspectives were discussed in Weekly Analysis on Jan 7th:
https://investingangles.com/2023/01/07/oil-weekly-analysis-07-01-2023-wti-commodities-usoil-cl-cl-wti-oilandgas-oil-fintwit-oott-crudeoil/
Yearly Analysis – Jan 1st:
https://investingangles.com/2023/01/01/oil-yearly-analysis-01-01-2023-wti-commodities-usoil-cl-cl-wti-oilandgas-oil-energy-fintwit-oott-crudeoil/
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