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LineKing
Jan 25, 2016 2:42 PM

Have I missed the resumption of CL downtrend? 

Crude Oil FuturesNYMEX

Description

Maybe - 32.50 is a huge level - but since the downtrend resumed in earnest summer 2015 when crude has reached the line what happens after Monday has given a clearer entry (mostly)

If that bottom in approx THE bottom, it will be rested. Coz crude always does.

Waiting. Watching USD/CAD too
Comments
LineKing
Its still a dog. P/A in USD/CAD confirms.

Will look for low risk entries when USD/CAD hits 1.4
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