TheBull
Long

Oil to go higher. Part 1

NYMEX:CL1!   Light Crude Oil Futures
This is part one (1) of two analyses. This is
of course on daily basis. You should pay
attention to the number 2 on indicator and
on graph. The price where took a lower low
but MACD took a higher low. A positive divergens.

What to expect? Saudi Arabia will only free oil            
production if Iran joins. This fundamental news
puts pressure on oil             . It is likely we will see
a rebound on prices of 32-33 USD/per barrel.
Thanks,
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TheBull AMBRISH
No problem :)
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