Considering the dire situation in the middle-east and the Straight of Hormuz being shut down, the obvious thing to expect is for Oil prices to shoot up when the markets open. Where the $Oil chart is at though is that, it is exactly at the 400W SMA right now and is not too far
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Considering the dire situation in the middle-east and the Straight of Hormuz being shut down, the obvious thing to expect is for Oil prices to shoot up when the markets open. Where the $Oil chart is at though is that, it is exactly at the 400W SMA right now and is not too far