investingangles.com
Oil – Daily Analysis = #WTI
Oil has extended its decline for a second consecutive session following a major political development, raising an important technical question: is the market beginning a new bearish phase, or simply working through a temporary correction within the broader structure? In today’s Oil Daily Analysis, we assess the latest candle patterns, momentum shifts, Elliott Wave structure, and key support levels to determine whether the recent gap lower has altered the larger roadmap—or created another tactical setup before the next decisive move.