david.cummins.581
Short

Oil looks set to drop further.

NYMEX:CL1!   Light Crude Oil Futures
55 0 0
Oil             recently broke out of it's price range it had been trading in since May. When it broke out we saw a major price drop shortly after went straight back into consolidation. However now the price has once again bearishly broken out of its range and i can see another decline back to it's recent lows at the start of this year. A close back above resistance 50.57 would see this trade void and we would most likely see price become range bound again.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out