A view on CL

70
Looks like CL crossed the lower trendline. Slight divergence RSI confirms a stable upwards trend (best seen on the weekly). But both MA coming closer again on the daily, where 50 seems might cross the 200 MA in the coming weeks. Should the drop here continue (even after a short rebound towards the lower trendline and 50 MA, but not crossing them), will we be seeing again prices in the 50ies?

I'll be keeping an eye on it. :-)

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