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mxb1961

Is Crude Oil looking for a new normal (+30 / -30) Range

Light Crude Oil Futures (NYMEX:CL1!)  
mxb1961  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns Crude Oil Oil crude
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trendanalysis chartpattern crudeoil oil crude
Simply watching now. Re-positioned pitch forks on monthly. Are they valid or indicate future price direction/possibilities, maybe. If price closes April below 0 then next several years a negative price could be a new normal. Not even sure if that is possible or makes sense or what a world looks like with a negative Crude Oil price for a prolonged period of time.
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