JimMakos

Is now the time to buy the crude oil?

Long
NYMEX:CL1!   Light Crude Oil Futures
The crude oil prices rose 12 percent during the last two weeks of trading, from recent low at 46.66 to about 52 dollars today. The crude oil futures recent rally might show the beginning of its recovery to higher prices. Is that a sign of the plunge’s end?

Politics, oil producers, and technical analysis (Bollinger Bands & RSI) give answers.

Full blog post here: www.tradinggraphs.co...02/09/buy-crude-oil/

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