Crude - Time to go long? CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! Maximilianned Oil reserves down, but a build in gasoline supplies - that's one week, and now summer is here gas reserves will likely go down. That aside purely from technical point of view we have just made a multi-day double bottom - ticking the .38 Fib - we could have a slightly lower double bottom to squeeze buyers, or we go lower. Nice Point of Control about $4.00 higher along with the matching high volume node.