Weekly Spot Crude Oil Outlook: Bearish Momentum Resumes After Brief Rebound
Last week, Spot Crude Oil maintained a bearish momentum up until Thursday. On Thursday, price action briefly shifted upward, giving the market a short‑lived bounce before momentum stalled again.
As the new week opened on Sunday, crude oil prices gapped higher, but our technical analysis indicates that this move is not sustainable. Based on current structure, we expect the market to move downwards from Sunday into Monday, continuing the broader corrective phase.
View the chart below: 
This content is for informational and educational purposes only and should not be interpreted as financial advice.
