CNBC Pro

Here's where pros say oil will bottom (Ouch!)

VIDEO1:1101:11
Here's where pros say oil will bottom

Technical analysts (the guys and gals who focus just on charts to make buying and selling decisions) were watching the psychologically important $50 level in oil to be support. WTI crude was clinging to that price as Monday came to a close.

If $50 doesn't hold however, there's a lot of room before the next support level is hit…

More In Investing

CNBC ProWhen the bond market flashes a recession warning, these are the stocks to consider, Trivariate says
CNBC ProThis growth fund is among the best this year with a 13% return. Here’s what it’s buying now