chartwatchers

OIL - Confirmed bottom

FX:USOIL   CFDs on Crude Oil (WTI)
50
As today we broke the trendline of the this correction we have a confirmation that the
Intermediate Cycle low was at 39.14.
The chance that we are going below 39.14$ this year is almost zero.
Keep that in mind when you are following the Short Oil Gurus.
Comment:
Anyway I missed calling this bottom 4 months ago.
By 3 weeks and 1$.
Press play.

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