Following rally among equities, crude oil has been rebounding from recent low as well. Support ~ 42 was well sustained. As price has fell > 40% from last peak, a trading opportunity could be presented for the commodity. ~ 64 is stronger resistance. Trader could utilize ETF below for trading
Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)
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