Crude Oil Futures
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End of the bearish trend of the crude oil contract (CL!)

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Hello and Welcome to our Daily Analysis, where we breakout the best course of action for a given price situation of a contract.
The main topic of today being the Crude oil price.

After a big bearish trend lasting the whole day, the situation is finaly getting back on track as the price is showing as significant bullsih uptrend again.

Why ? : 2 Big spikes in volumes, breaking the VWAP line with a lot of strength confirming the validity of the signal.

Nature of The movement : Bullish in a short term horizon, ( 1/2 days)

Best course of action :
If you're a seller : we don't recommend holding the contract(expect if you're willing to wait for the bullish movement to stop)
If you're a buyer : hold or buy more.

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