CVX Chevron showing a large wedge, perhaps a chevron in this case, but not a good wedge, it is a rising wedge, and, along with the overbot conditions and negative divergence, create the conditions for a spank down in price. The weekly chart is negatively diverged as well. Sideways to sideways down moving forward into summer. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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