NYMEX:CL1!   Light Crude Oil Futures
2
Monthtly 200 SMA touch.. Resembles the 85 crash where there was a sharp rally the following year, followed by chop YTD, and lots of volatility. Probably more pronounced %-wise today, since big companies and current financing will need re-finance and re-hedge on a bigger scale = obv. increased volatility.
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