GeekyLumberjack

CL back to bearish trend

GeekyLumberjack Updated   
NYMEX_DL:CL1!   Light Crude Oil Futures
CL was trending bullish but on Friday reversed and closed back below the daily high mapped out on the chart. Now I would be looking for it to touch the daily low.
Comment:
3/11/2024 it tested and rejected at the Daily High line. I would expect another test due to how close it is to the line
Comment:
3/12 premarket tested and rejected daily high
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