1
BRENT: Watching 72.50 closely
BRENT popped above 72.00 today and is testing the highs of the range. I'm watching 72.50. If we hold above it on decent volume, a run to 74.00 seems plausible. Below 71.30 would invalidate that idea for me, putting us back in chop.
1 comments · 1 points
Good observation on 72.50. I'm also looking at the broader market sentiment, particularly how it might influence any sustained move past that resistance, given recent volatility.