Crude Oil contemplating a first breakout (Nov. 30, 2022)

It has been a terrible November for Crude, losing about $20/bbl from the high to the low. The market will show some signs of life if it breaks the respective downtrend line which is getting very close to.

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