smitheric1970

BEARISH oil resumption - SHORT

Short
NYMEX:CL1!   Light Crude Oil Futures
22
The downtrend is still intact until the upper trend line has been broken.

Rapid pace oversold conditions have now resolved and reached 2014 upper trendline resistance.

U.S. Interest rates, although moderate, will most likely come to fruition this year. OPEC will continue to flood the market for market share.
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