USOILSPOT I was scanning the chart on the 1-hour TF. I found some interesting patterns. As per my analysis, it could again fall to the 64 level and then rise towards 75. USOILSPOT I guess we can see this trend on Monday. Let's see.
OIL_CRUDE USOIL add 90-95 cents onto the values shown above. WTICOUSD Various Google services have outages today. It's the beginning of the end.WTI oil is deadWTICOUSD The current bearish candle on the Hourly will either drop more to break through the Bullish Trendline (in green dotted line) or use it as support for a retrace upwards.
USOIL Trump promised voters lower oil prices — and he’s delivering by boosting U.S. supply, breaking from the strategy of past presidents who kept domestic output in check to protect long-term price stability and energy assets. This short-term flood of supply is political — not sustainable. While the market enjoys temporary relief, underlying fundamentals are tightening. OPEC+ friction, declining spare capacity, and years of underinvestment in exploration are all quietly fueling the next leg up.Long-term oil bulls are watching — and waiting. This is a patience game.WTICOUSD looks like we are in a buy the rumour, sell the news scenario. Where talk of events causing oil flow to be impacted has proven not to be. Potentially creating a catalyst for this drop. Potentially down to 66 we have a fair few hours of trading to go.OIL_CRUDE 
