← Research Keystone Analytics

Oil /CL Trading Strategy Analysis

Buy under $60, sell above with trailing stop (+$0.50 increments)

~83%
Time above $60 since 2008
$70
10-year mean price
$59
Current price (Jan 2026)
3
Major crashes below $60

Historical Price Action & Your Buy Zone

BUY ZONE (under $60) $140 $120 $100 $80 $70 mean $60 $40 $20 2008 Peak 2008 Crash 2016 Low $26 2020 COVID 2022 Peak NOW 2008 2011 2014 2017 2020 2023 2026
WTI Price
Your Buy Zone (<$60)
$60 Level
10-Year Mean ($70)

Trailing Stop Visualization

$72 $68 $64 $60 $56 ENTRY $58 STOPPED $66 +$8 profit Price rallies, stop trails up Trailing Stop (moves up $0.50 for each $0.50 above $60)
Price Action
Trailing Stop

Your Strategy Rules

  1. 1 Entry: Buy when price drops below $60
  2. 2 Initial Stop: Set stop-loss (you need to define this - suggest $54-55)
  3. 3 Above $60: Move stop to breakeven ($60)
  4. 4 Trail: For every $0.50 above $60, raise stop by $0.50
  5. 5 Exit: Stopped out on pullback OR take profit at target ($70-75?)

Key Risk: What's your initial stop?

Your strategy doesn't define downside risk before hitting $60. In 2015-16 and 2020, oil went to $26 and $11. Suggestion: Hard stop at $54-55 (near 52-week low of $54.98) limits max loss to ~$5-6/barrel.

Historical "Buy Under $60" Opportunities

Period Entry Price Low Reached Recovery High Result
Late 2008 $60 $33.87 $80+ (2009) WIN +33% (if held through drawdown)
Early 2015 $60 $26.21 (Feb 2016) $75 (2018) PAIN then WIN (56% drawdown first)
Late 2015 $45 $26.21 $75 (2018) WIN +67%
Mar 2020 $60 $11 (Apr 2020) $107 (2022) PAIN then WIN (82% drawdown first)
Apr 2020 $20 $11 $107 (2022) WIN +435%
Now (Jan 2026) $59 ? ? TBD

Key insight: Buying at $60 eventually won every time, but required surviving 50-80% drawdowns in 2015-16 and 2020. Your trailing stop approach avoids giving back gains but you need a defined initial stop to avoid catastrophic loss.

Verdict: Is Your Strategy Reasonable?

YES
Historical edge exists
NEEDS
Defined initial stop-loss
$54-55
Suggested initial stop
$70
Mean reversion target

Recommended Trade Setup

Using /MCL (Micro WTI) on Tastytrade: