Crude on a daily chart. In a lower time frame, crude oil seems to have reached a resistance level. Now, looking back some days, we can see a gap in price, and this new level is not moving very strong to fill that past price gap.

Therefore, by looking at the move, it is slow and decision making is coming soon. It is time then to watch it for a potential move to the upside or the downside from here.

Also, the average volume has not been that great over a couple of weeks or so. A good thing to watch for, which is the average volume.

This is for educational purposes only and not considered as a investment advice of any kind.