oil seasonal
1 response | 0 likes
Started by bear - June 22, 2020, 8:27 p.m.
By metmike - June 23, 2020, noon
Like Reply

Thanks bear!

Crude oil has been influenced by some unprecedented dynamics this year, one of which is not seasonals.

Seems like this upcoming 1.5 months is often a pause/sideways seasonal before resuming the seasonal push higher to a top in October and heavy pressure/weakness into early December. 

I wouldn't trade crude because of a seasonal right now...........but you can (-:

Money & Markets

Here's a useful chart showing seasonality in crude oil prices


Topdown Charts

While this is only an average based on historic movement