Market-Right-Side

Buy CL(Crude Oil) in Short Term

Long
NYMEX:CL1!   Light Crude Oil Futures
Technical Analysis:
- As you can see in the chart, the medium term correction is finished in the wave II in red. Now we expect that CL(Crude Oil) goes up at least in 3 waves to around $105
- H1 & H4 Right Side are Up
- CL seems strong in short term


Technical Information:
- We like to buy CL in wave (2) in blue around $77 as hedging
Trade active:

Technical Analysis:

*********** OUR LAST DAILY CHART IS CONSISTENT WITH THE NEW CHART ***********

- As you can see in the chart, CL is finishing wave 1 in red. Swing trader must wait for wave 2 in red to be completed in order to buy
- Position trader must wait for wave II in red to buy at around 50 ~52
- H1 & H4 Right Side are Turning Up
- CL continues to seem strong in short term


Technical Information:

- Don't sell CL in short and medium term

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