NYMEX:CL1!   Light Crude Oil Futures
This morning I had mentioned that CL got the expected smack down. The only question I had was to what level. I had mentioned the 50.85 -95 level.There was a typo it was supposed to by 50.05. That is exactly where this held. Now ? For starters it needs to clear the 51.43 area to begin considering a long. In any case only above 52.40 or so does /cl then begin to look towards higher targets.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.