
BRENT CRUDE OIL(USOIL): TOO HARD TO DIE?
LONG TERM: The 12 years weekness of oil remains with extremes like the one we witnnessed in March.Long term trend remains bearish unless the 62$ level will upside broken.Until then we are expecting volatility between 20$-50$.SHORT TERM: We can now enter long (53.50$) aiming 56.50$.Stop loss at 52.50$.