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Head And Shoulders In WTI - Is The Rally Over For Crude Oil? Stock Markets Mixed Ahead Of FOMC

Head And Shoulders In WTI - Is The Rally Over For Crude Oil? Stock Markets Mixed Ahead Of FOMC

AI Briefing

  • WTI crude oil is forming a head & shoulders ahead of the FOMC meeting, a first bearish pattern since the beginning of the war.
  • The pattern could be a sign that the rally for crude oil is nearing its end.
  • Investors are watching the FOMC meeting closely for any changes in interest rates and economic outlook.
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