The turn up in oil's weekly MACD is setting it up for a rendezvous with it's moving average.
Expecting somewhere in the $60s before a retest of $30 support.![]()
Same goes for XJO, though 4000 may be a tough nut to crack...
Weekly MACD center line looks about a year away :(
All going well that is...![]()
IMO, DYOR
Regards
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