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lukelehepuu

US OIL DOWN TO 50?

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
lukelehepuu  
TVC:USOIL   CFDs on WTI Crude Oil
Crude Oil WTI Oil WTI brent
15
2
usoil oil wti brent
Looking at this chart of oil we have been doing nothing but consolidating. I imagine with more producers being able to make a profit in the 50+ range prices may stay muted for some time.

That is why I am looking for a potential move down (I am considering 48-50 the lower end of the range).

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