Crude Oil update January 7, 2015

Crude oil trading at spring-2009 prices, may be targeting its 2008 financial crisis lows sometime this year. It is too early to fight this massive downtrend, although the market is in an extremely oversold condition.

Crude Oil chart, monthly candlechart:

Crude Oil(Monthly)20150107135835

Chart courtesy of investing.com. http://investing.com

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