Domistock Tools Used:
Assets charted: Brent Crude (LCOc1)
According to the DomiStock Signal Performance Indicator, oils 13.46% drop during its ongoing 12–day downwards signal is the greater of an equivalent in duration down rally for the last 200 periods. That has a double interpretation. From the one hand it shows how strong supply has been nut on the other hand it points to a potential overreaction