CL - Crude on a very longterm view.

The blue centerline was respected very good.
The white U-MLH is not bad too.

There is a high chance that price will meet the centerline...hoooly...how about below 25, or even 20?
Looks totally crazy, yes, to me too ;-)

But hey, we follow the path of price & forks.
We act upon what we see, not what we wish to see...veeery hard sometimes hehe...

Put context around it - it makes charts & price action more clear.


P!

Comment:

There it started to tank.

This time, CL could reach a level below 25 on this LT basis.
Keeping a eye on it.

P!