Auguraltrader

CRUDE Oil down trending again...

Short
NYMEX:CL1!   Light Crude Oil Futures
Crude weekly points to more downside. Breaking below 76, would be bad news and 67 would be the downside target at the end of the year.

Technical indicator, MACD crossed down in bearish territory, and the VolDiv indicator turned red as it heads to the zeroline. Very dangerous when it does this...

Expect more downside to the last low at 76. Critical support level there.

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