Oil back at 70 - Will it resist?

Dec 14, 2023

∙ Paid

Wednesday Recap:

Crude Oil had an intraday high of 69.82 and a low of 67.68.

The day’s range was $2.14, and price sold below the 69.59 daily pivot, later reversing it.

As stated yesterday, the upside risk is the 70.4 region, where there’s resistance.

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