Crude oil (WTI), NYMEX as of 12/5/14

NYMEX:CL1!   Light Crude Oil Futures
I feel that looking at the market for the past few months really starting from June. We see that there is still a good possibility that the price will go further down till January. We are seeing that there is a high supply in oil             that is making the prices plunge more. If we look at Brent Crude oil             (ICE FUTURES ), it is down 1.5%. Additionally, looking into just last week, we see a drop and I feel that there might still be an opportunity for a short. Furthermore, Analysts predict that price might go as low as $55. I am calling for a short for this one.
This might be of interest to reinforce your synopsis http://campaign.pricegroup.com/index.php?action=social&chash=d8a4e572d866aa45da78418d9d2ff9f9.4450&nosocial=1
rjdamania glennjoy1
Totally agree with you. But, I am looking at a short term aspect and I feel that the prices will go back up after the prices hit rock bottom.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out