HomeMarketsFuturesBe Cautious of Crude Oil Futures (/CL) in the Long Run

Be Cautious of Crude Oil Futures (/CL) in the Long Run

Crude oil futures (/CL) are off this morning but another new high for the WTI. The crude oil futures trendline resistance comes in right around 90 to 91, says Carley Garner of DeCarley Trading. She thinks it will creep up in the short run, but we need to be cautious in the long run. She analyzes the chart of natural gas futures (/NG) and thinks it is done going up for now. She thinks if we get a big dip in gold futures (/GC) and silver futures (/SI) in the next week or two, those would be great buys.

Futures

03 Feb 2022

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