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cwmetz

#WTI #Crudeoil reversal?

Long
Light Crude Oil Futures (NYMEX:CL1!)  
cwmetz  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis WTI crude Oil Crude Oil Futures WTI (CL1!) Crude Oil
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trendanalysis wti crude oil cl1! crudeoil
Oil has stayed within this long term trend channel since June of 2020. Today's -3% move placed WTI at the bottom of this trend channel $64.20

If we don't get a reversal here...I don't see another good support until $62.
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