Oil bull run in the 2020's
Updated
Right now we stand at what has a significant chance of being the bottom for oil on the macro since. The next bull rally could be monstrous but we need to see monthly candle close with a bullish approach to $30. We can look at USO on the micro and it's breakout, or failure, of this falling wedge is integral in determining the chances of CL swinging back into 330S
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.