NEW DOWNTREND CRUDE OIL FUTURES? CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! wanderlust_87_ Hello traders, follow and like if the analysis is useful for you. In a period of high volatility , lifts and drops, rallies and retracements, crude oil prices have been running from june inside a curve channel between $34 and $44. The correlation with main stock markets is still evident and after the rally following good Pfizer news, the strenght of buyers is shrinking. Only a new push over $44 could bring oil prices to new tops but increasing of Lybia crude oil producions in an overflowing market with demand still contracted due to the consequences of the pandemic does not look a good news in short term. My expectation is a retracement from $43/$44 towards the important supports at $37 waiting for a full economic recovery.