Is Crude Oil out of the woods? (Aug. 19, 2022)

Despite crude Oil’s relative strength in the last session, there still is a lot of work to do as the chart is showing several distinctive resistance points up to $96/bbl and counting.

Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size and honor your risk decisions that solely you are responsible for!