darth.stocks

Crude Thoughts : Staying Neutral but preparing for trade

NYMEX:CL1!   Light Crude Oil Futures
6
At my last update I didn't hide my bearishness on crude but currently I am some bit more optimistic. I am expecting a test of 52 and on break we should be happy to see the long awaited correction back to 48. The other possibility is up to 55 or even 57.5 . So waiting to see what's going to happen...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.