Oil puts in a big lower shadow month and closes up Long

Crude Oil FuturesNYMEX

Description

⋅ Aug 31, 2015 7:31 PM

Large volume eclipsed only by the other buying candle 7 months ago. This is likely the bottom and oil will be entering a new bull move.

Comments

jangseohee

⋅ Aug 31, 2015 11:12 PM

62 has to be violated for price to make a higher high though, but monthly hammer does give a buy signal