NewNewAnalysis

Oil bull run in the 2020's

Long
NewNewAnalysis Updated   
NYMEX:CL1!   Light Crude Oil Futures
Right now we stand at what has a significant chance of being the bottom for oil on the macro since. The next bull rally could be monstrous but we need to see monthly candle close with a bullish approach to $30. We can look at USO on the micro and it's breakout, or failure, of this falling wedge is integral in determining the chances of CL swinging back into $30s
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