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Re: - Crude Oil
In Response To: Trades - Crude Oil *PIC* ()

CL Q2 has S/Rs at 80.79 and 81.43. Tonight or tomorrow I expect CL to test at list 80.79, finding support there 81.43 is next. Failure to find support in any of those S/Rs will target 77.56 low. Failure to find support at 77.56 will open the door for 74.95 as the objective. Failure at 74.95 will target 55/57.00 as next support and objective zone.
If 55/57.00 was to occur the estimated time will be Nov. 16/12.

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


Messages In This Thread

Trades - Crude Oil *PIC*
Re: - Crude Oil