Spofas
Long

CrudeWTI forming a bottom?

NYMEX:CL1!   Light Crude Oil Futures
198 0 1
A possible bottom might be forming for the longerm outlook on Crude. The RMI has been a good indicator for it in the past and is showing a nicely looking curved up bottom.
53.5ish level would be a good entry to a longterm long position.
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