Posteo
EGC999
$CL crude oil has flooded down from 106.80 to 97.93, yet the breaking news is talking about the healthcare sector and the TSX close, which is completely off-topic.
Looking at the 4-hour chart, the SAR is firmly pressing at 100.24, the EMA21 barely supports at 97.72, and the EMA55 has retreated to 95.75. The J value dropped to 31.69, and the RSI returned to around 45. This is not a crash; it’s the most typical dull knife cutting flesh. Bulls and bears are tugging back and forth at this level
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