Crude Oil 5 yrs Chart

Crude Oil 5 yrs Chart

• Crude has come to multi year low. All are confused as it was one of the safest commodity to trade.
• Lot of trades have lost the fortune and money . Just look at the 5 yrs chart
• Whenever it tried to go high it was brought down. and it Consolidated.
• When Commodities consolidate, we should know that the economy has stopped growing and the Commodity will Crash.
• This is a lesson for all Commodity trades accross the world.
• Now the question is if the crude will stay at 35$ .Answer is no.If you have just a 3 yrs timeframe you can see Crude bounce back to 70$. All that you have to wait for is the US elections to get over and New US president to take charge and the World economy will start moving and so will the Oil price.