oil seasonal
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Started by bear - June 22, 2020, 8:27 p.m.
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By metmike - June 23, 2020, noon
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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

https://www.businessinsider.com.au/crude-oil-wti-futures-seasonality-2019-3

Topdown Charts

While this is only an average based on historic movement