On the weekly chart of the Crude Oil commodity asset, it can be seen that the CCI indicator has managed to break its three main levels (-100, 0, & 100) and the price movement is above WMA 20, so that in the coming weeks, Crude Oil will try to test the 83.52 - 85.15 area, but if on the way to the target level, suddenly there was a downward correction which broke below the level of 76.43, you can be sure that the bull scenario described earlier will cancel itself.
(Disclaimer)
