Jim Cramer and Carley Garner went Off the Charts to talk Crude Oil Futures

carley garner jim cramer smallJim Cramer, the host of CNBC's Mad Money, describes commodity broker Carley Garner as their "resident crude oil expert"!  See the video here.

With the price of crude oil softening, Jim Cramer turned to Carley Garner of DeCarley Trading for guidance on where the price of WTI oil traded on the New York Mercantile Exchange might be headed.  According to her analysis, despite oversold technical oscillators, the path of least resistance is likely lower.  She even reveals the most likely reversal point according to her analysis. 

 

"While Garner thinks oil is headed lower from these levels, she is not exactly bearish. In truth, she thinks you should prepare for what could be a terrific buying opportunity in the mid-$30s before we bounce back." - Jim Cramer

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