The major trend for oil still paints a bearish picture

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Light Crude Oil Futures (NYMEX:CL1!)

NYMEX:CL1! Light Crude Oil Futures

USO Oil Crude Oil Futures WTI (CL1!) Bearish Patterns Trend Lines trendtrading trendcontinuation covering

uso oil cl1! bearish trendline trendtrading trendcontinuation covering

Drawing different trend lines for oil allows us to get some support and resistance levels for the intermediate term. For my full analysis including more charts check out

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