Weekly Crude Chart...go or no go?

After comments from our Daily chart of Crude we decided to post a weekly chart. Note how Crude has been winding since mid 2011. While the swings can make for good trades be sure to consult a higher time frame chart in order to get a clear picture. Crude has slammed into it's support...will it bounce or keep sliding.

We will start watching lower time frames for hints and low risk setups. Stay tuned.
brentCrude Oil Futures WTI (CL1!)crudeCrude OilOil

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