RE:Long Term Chart Term Says Price Lower for LongerRookieCynic wrote: Looking the Chart it definatley looks like lower for longer . The Federal Government is so worried they have postponed the budget for 2 months.This isn;t going to be a quick snapback https://www.mrci.com/pdf/cl.pdf
Agreed.... a big run down still very possible. Here is a 19 yr chart from bullmarketrun.com showing possibilityof $20 oil I'm hoping to enter energy positions once oil hits about $40 a barrel and add as it goes down. If I missed bottom, so be it but I don't we're there yet.
https://www.bullmarketrun.com/?p=25927