CL N2

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CL N2

Looking at Trades chart, I agree that a close above 87.03 is a bullish sign. Right now CL N2 is testing 50% retrace from today's high/low. Not holding here and below today's low 82.15 will target the monthly low at 81.07 and possibly lower to 79 area. Conversely, if CL find support at the 50% (83.03 or so) will target today's high and possibly 84.84. Small steps at first, till it breaks out of falls.

Just an opinion here, the market has the last word and in due time will show us the way

CL N2 now trading 83.16

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