jangseohee

Major support for crude oil updated

NYMEX:CL1!   Light Crude Oil Futures
121 0 2
My previous post estimated that crude oil             will reach about 67-68 per barrel without knowing the actual timing, but after the OPEC refused to cut production, the plunge is so quick and fast that it broke 67-68. By enlarging the chart, i can have a better anticipation where the major support for the crude oil             is 64.5-65 for next monthly candle.

In case you want to long, check on daily timeframe for doji and bullish divergence
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