……..WTI crude oil futures. This seven day chart (well, 90 min candle in fact) shows that the upward channel is looking pretty darned bullish for crude.
![](http://3.bp.blogspot.com/_7Se7iswAanA/SctyxDT50aI/AAAAAAAAGas/lWjYOdDUfgQ/s400/oil90m.png)
However, it’s worth checking the long term monthly candle chart
(year 2000 to date) to remember that bullish channels only work until they don’t.
DYODD