NYMEX:CL1!   Light Crude Oil Futures
1273 4 12
While it's possible that we may start retracing from here - similar to Sept 2015 rally - the current downward channel should be noted.

Scenario 1 (Red Arrow) is the most bearish scenario where we dive straight to $25, and scenario 2 (Blue arrow) is the less bearish case where we retrace before falling further.

I personally do not set price targets, but if I have to I'd say we will continue to fall until $25.

Nicely done sir!
honeybadger smitheric1970
Thank you. :)
We may even see a fall beyond $25.

what u did is extend the black line parallel manner thank u
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