Crude very bullish

Crude Oil is very bullish. It has rallied a fair bit this year. While it is testing a trendline from 2008 high, the KST has given a buy signal on the monthly charts. This is a powerful signal and being on the monthly charts, this can rally a lot from here.

Keep an eye on this trendline. If we settle well above it, it would pay to be long Crude.

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