Yesterday CL N2 failed to find support at 50% and moved down towards 82.15 as posted. - it came very close to 82.15 ( as low as 82.27), was in that area for about 7 hours, never touching the day's low, then started to move up, well, that was the best place to buy with stop just below the day's low 82.15. Today, CL N2 hit the first target (Yesterday's high 84.01) good place to take some chips out and let the rest ride. Some S/Rs at 84.84 / 85.16 / 86.64 / 87.07 ( I still have the 6/19 time window, but that could be the low for the future upcoming retrace, will see) The best outcome for a bullish scenario is for CL N2 to hit 87.07, then retrace some, possibly 50% then back up again, this time above 87.07 and so on........

As always, the market has the last word and in due time will show us the way.

CL N2 is now trading at 84.38

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