Crude Oil | BULLS MAY DOMINATE THE NEXT DAYS

Crude Oil | BULLS MAY DOMINATE THE NEXT DAYS Crude Oil Futures NYMEX_DL:CL1! XU3Trades May is not always a good month for crude oil. When you look at the last 40 years, there is a positive change rate of less than 50%. However, Crude oil is moving to the support resistance point, and its performance in the last 8 election years, from the beginning of the may to the 21-22 of May during the election years, is 7 years positive and an average return of 12%. That's why I'm very BULLISH on Crude oil, which is below last year's opening level and at a significant support-resistance flip point.

Continue reading at TradingView Ideas »