Collected source record

This is the top for Oil. On multiple timeframes, there's a strong bearish divergence indicating that we're about to see a wide correction. Where to? Most likely to <$95 and…

Michaël van de Poppe
Published: 2026-11-02 14:17 UTC
Collected: 2026-11-02 14:38 UTC
Original language: Not supplied by source

Original source excerpt

This is the top for Oil. On multiple timeframes, there's a strong bearish divergence indicating that we're about to see a wide correction. Where to? Most likely to <$95 and potentially even towards…

This is the top for Oil. On multiple timeframes, there's a strong bearish divergence indicating that we're about to see a wide correction. Where to? Most likely to <$95 and potentially even towards <$80. These bearish divergences are seen on the RSI and the MACD. News is fueling the current momentum. If Oil comes down, it benefits all other assets in the short-term, including #Bitcoin and #Crypto.

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