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As we can see in the picture, Oil is getting closer and closer to a strategic place where a downward correction can take place.
It is puzzling that the expectations for crude oil stocks are for an increase in stocks, which should keep the rate down, but this one goes further up which may mean that individual investors do not know about certain things. We will see after the publication whether the market has overtaken the data that is yet to appear, or whether it is just investors’ optimism. At the moment, personally, it remains outside the market because of an interesting place that will show the next direction only this week.
