KimChong

Crude Oil - RSI Divergence points to multi-month bull run

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
48 0 1
Long term bottom maybe in place.

Monthly divergence appeared 3 times 32 years - 1986, 1993, 1998. Each formed the base of a multi month run up.

2015 is fourth time.
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