SIGNAL TERMINATION – CLOSE HEATING OIL SHORT – TAKE PROFIT
Today, analysts are leaving the analysis from June 29, 2020 with a 10% appreciation. Although the current situation records opportunities for further short analysis, the market is now significantly overbought. For this reason, analysts are temporarily terminating this analysis. However, they will continue to monitor the market situation.
ORIGINAL TEXT: Heating Oil Short. After three months of rising, fuel oil has reached a strong resistance line. In Friday’s session, he broke through the upward support and approached the medium-term correction wave.
Chart source: WebTrader