T-1000

See you at the beach

NYMEX:CL1!   Light Crude Oil Futures
0
We hit the monthly 20MA. Stocastics still trending upward. Taking some chips off the table. Expect price to stagger in the 48-55 range below the 200MA. Remaining position is neutral to slightly bullish in the interim. Still bearish in the longer term projection.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.