WTI - Long (Daily Chart) Long

Crude Oil FuturesNYMEX

Description

⋅ Nov 25, 2014 12:12 AM

This is the Daily chart relating to the previous post.

Looking to Buy from this Sup area. (See previous post showing Monthly chart)

Comments

CommoditiesTrader

⋅ Nov 26, 2014 6:05 PM

tradingview.com/v/rOrlXkMc/

Price teetering on support. A break could signal $60 in the coming months. If upheld, could see $80 on pullback.

CommoditiesTrader

⋅ Nov 27, 2014 4:30 PM

OPEC is trying to force US shale companies to cut solely based on price. They're making it uneconomical. However, It looks a lot like 2008 pre-deflation. Boom!

Ghostrider7

⋅ Nov 28, 2014 6:35 AM

I have $60 as a downside target too.