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CRUDE OIL (CL): Weak Momentum Likely to Persist?
CL1!
, 120
CL1!: CRUDE OIL (CL): Weak Momentum Likely to Persist?

Assalamualaikum wbt and Good Day to fellow traders! From my rather simplistic view, the overall two-hour time frame (TF2hr) chart seems to indicate that the prices for WTI Light Crude Oil ( NYMEX:CL1! ) could go further south at least for the time being. The further potential weakness is being reinforced by the significant key moving averages (in this case ...

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