BengalTigger

CL. A tale of 2 channels

NYMEX:CL1!   Light Crude Oil Futures
Ydays update, CL did not quite get down to 45 but close enough. We rallied on today"s report. Too far, too fast. No we have two channels forming. Too early to say which will prevail ( if they do). There has been a lot of damage technically, it will take some doing to undo it. Anyway till 49.XX is taken out.. I am still a bystander.

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