In my opinion of ideal swing trades for CL will be to target 92.00. In order to focus on that outcome CL needs to move up to 87.00 and find support there. Hitting 87.00 will cause to retrace possibly 50%, but then back up, this time overcoming 87.00, finding support there then launching to the 92.00 objective. The ideal time or ETA will be 6/25. If these scenario was to take place then there will be some fairly large swing days. Unfortunately, right now the pivot or voiding point for the above is still down at 81.06.
Just my opinion and some number crunching here. The market always has the last word and in due time will show us the real deal in dollars and cents.
CL N2 is trading at 84.60
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