Black Gold Snaps A Trend Line
This compelling point in time on the $BRENT chart makes it very worthy of the ‘Don’t Ignore This Chart’ blog.
Starting at the top, the RSI is still staying under 65 which we would associate with a bear market pattern. It is currently testing the 18 month uptrend line off the 2012 lows as well.
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Black Gold Snaps A Trend Line
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Trading, bear, line, lows, market, point, result, rsi, time, uptrend
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