Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

cl

so, if you look at the monthly on the chart here at TFC, you can see the 2018 highs acting as support.

Failure to hold would indicate an economy in shambles and extreme low prices again.

Firming prices would mean more bullish pricing over the longer term.

the extreme downside and then reversal recently looks like the long side is the way to riches since nobody had any chance to buy and hold unless you were "connected." Then, you look over at SJT and it looks like it's going back to the lows again. Such a riddle.

;-)