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30.09.2024 06:01 AM
Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset, Monday September 30, 2024.

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With the appearance of hidden deviations between the price movement of crude oil commodity assets forming Higher-Low while the Stochastic Oscillator indicator actually forms Higher-High and the price movement of #CL moves harmoniously within the Bearish Pitchfork channel, it has given an indication that #CL is being dominated by Sellers, although in the next few days there is the potential for a strengthening correction, but as long as it does not break above the level of 72.50 and/or above the Upper Pitchfork line, #CL still has the potential to continue its weakening to the level of 65.27 and if the momentum and volatility support it, #CL will continue its weakening to the Lower Line of the Bearish Pitchfork.

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