A slow down? After three days of going up, ICE Brent crude is flat today, hovering around $74.9.

Brent crude trades at $74.9 per barrel, after ending Friday at $74.9.

United States ISM Manufacturing PMI (Jun) is next.

Brent Crude Oil's upper Bollinger Band® is at $77.31, suggesting that a downward move may follow.

Despite the market lacking direction, technical chart analysis strongly suggests ICE Brent crude is positioned for a downward move in the near term.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States ISM Manufacturing PMI (Jun) is expected today at 14:00 UTC.

Brent crude oil hit a significant low of $71.96 around 21 days ago, but has since recovered 4.09%.