Crude Oil has been falling on concern over China's strict adherence to its zero-Covid policy and the coming implementation of the EU's price cap on Russia energy crude oil exports.
But technically, this market is extremely over-sold and may be due for at least a rebound. Here lies the buying opportunity.
#1 Bought @ $76.244. Mon Nov 28, 23:25pm. Closed Out Position Thu, Dec 1 03:27am
Stop @ 73.900. Moved Stop to $76.255 Tue, Nov 28, 15:00pm.