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JimMakos

Is now the time to buy the crude oil?

Long
Futures Petrolio Greggio Leggero (NYMEX:CL1!)  
JimMakos  
NYMEX:CL1!   Futures Petrolio Greggio Leggero
Oil Relative Strength Index (RSI) Bollinger Bands (BB) pullback reversal
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oil relativestrengthindex bollingerbands pullback reversal
The crude oil prices rose 12 percent during the last two weeks of trading, from recent low at 46.66 to about 52 dollars today. The crude oil futures recent rally might show the beginning of its recovery to higher prices. Is that a sign of the plunge’s end?

Politics, oil producers, and technical analysis (Bollinger Bands & RSI) give answers.

Full blog post here: www.tradinggraphs.co...02/09/buy-crude-oil/
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