US oil monthly chart

The chart indicates that the bull rally is still remained in US oil as well as UK oil (brent crude oil). any correction around $ 65- $60 might be good opportunity to enter long. Expecting move above $100, $120 in coming months.Going stort in oil before any sell signal is very dangerous, as it might break previous level of year 2007.

  • * T & C Apply.
  • ** information shared only for study purpose

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s