$CL_F: Crude oil could be about to rally again

Recent data favors a rally in Crude, technical charts are setting up for a low risk buy in the daily and weekly timeframe, you can see the two targets on chart, with an ETA of 6 weeks to be reached.

If the down trend 50% and 25% speed lines are broken by bulls next, we could see a longer term resurgence of commodities next.

Best of luck!

Cheers,

Ivan Labrie.

הערה:

Strong close this week, I think the trade has legs.

Gotta be patient.