If prices hold here, we might see a bounce back toward the $70-$80 range.  Keep an eye on this level—could be a great entry point for those looking to capitalize on a reversal!
Crude Oil Update
WTI Crude Oil has just broken below its 2021 lows, dropping to $62.52 as of today! This marks a significant decline of -6.08% (-$4.05).
The chart shows a strong support zone around $62.58 (highlighted in green), which has historically acted as a floor.
Wishing you and your loved ones a very Happy Diwali from the entire Sigma Trades team! May this festival of lights bring you joy, prosperity, and countless opportunities. Let’s celebrate the triumph of knowledge and illuminate our paths to success together.
Happy Diwali! 🪔✨