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$65.00 In Store For Crude Oil?

Published 2017-07-31, 12:30 a/m
Updated 2023-07-09, 06:31 a/m

My WAG: IF price can rally and hold above 55.00, we could see a retest of 65.00 in short order...a pop and hold above 50.00 is, however, the first order of the day -- see the Monthly chart below of Crude Oil.

My gut currently favours the long side...of course, I'm not always right, so do your own due diligence.

Crude Oil Monthly 1997-2017

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Completely useless article.
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