RockstoneResearch

Light Crude Oil Futures (NYMEX) ready to soar again?

Long
NYMEX:CL1!   Light Crude Oil Futures
Light Crude Oil Futures corrected sharply at the end of 2023, however finding strong support levels from which a new upward trend may start. As long as the green trendline acts supportive, a longer-term buy-signal is active.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.