Airstrikes do not compensate for this oil movement and we are looking for a fast correction these coming days.
People are still not back at their desks fully until next week to mid-January, so illiquidity could give us some overreaction to the downside. Still, let’s see how the next 24 to 48 hours play out. Remember, it’s the weekend already in the Middle East. Short OIL
Stop Sell: 62.95
Take Profit: 60.5
Stop Loss: 63.5
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