13 - unlucky for some -

Crude oil.

13 days down

"What goes up must go down" and vice-versa.

When will it bounce?

The chart shows the steep down trend which is still in force...
BUT conditions look oversold.

Trading is all about probability..

Chances are increasing that there will be a snap back...at least to test the down tend.

I would expect then another test of the lows and possibly a lower low, but watch the RSI - if it fails to make a new low probability then increases for a more sustained rally.

Until then nimble trading ..