On the daily chart here, Crude is looking very bullish.
We saw a clean break of previous high ($44) found new resistance at $46, saw a slight pullback to see if previous resistance would act as support which it did and now Oil is back on the run.
I’ll be targeting anywhere between $47 / $50 level.
Of course, if we break $44 then I’ll likely start to look for shorting opportunities.
@crudesignals