NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
1272 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.

:)
jangseohee
10 months ago
snapshot

snapshot

what u did is extend the black line parallel manner thank u
Reply
shilox
10 months ago
We may even see a fall beyond $25.
Reply
Nicely done sir!
Reply
honeybadger smitheric1970
9 months ago
Thank you. :)
Reply
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