$CL_F: Crude oil's down trend could be reversing here...

Long

Light Crude Oil Futures (NYMEX:CL1!)

Updated

NYMEX:CL1! Light Crude Oil Futures

Chart Patterns Trend Analysis Beyond Technical Analysis

chartpattern trendanalysis beyondta

Seems like a low risk entry to go long Crude Oil here, and also a good hedge for equities, and the inflation under control thesis under pinning bullishness in stocks.

Best of luck!

Cheers,

Ivan Labrie.

Trade closed: stop reached:

snapshot

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