CL Daily time frame on support: +799 Ticks
The CL Daily time frame has entered into a side ways range.
The market is near the bottom of the range and is showing
signs of pushing bullish towards the top of the range price
point 77.00 about +799 ticks above the market. As long
as the market stays above the daily support level price
point 66.75. It will be a good idea to look for long ideas
towards 77.00
If the market breaks below the daily support of 66.75 and
the daily time frame can close below 62.60. The will show
a potential bear breakout and the market may go deeper
before it pushes towards the daily target of 77.00
The market is near the bottom of the range and is showing
signs of pushing bullish towards the top of the range price
point 77.00 about +799 ticks above the market. As long
as the market stays above the daily support level price
point 66.75. It will be a good idea to look for long ideas
towards 77.00
If the market breaks below the daily support of 66.75 and
the daily time frame can close below 62.60. The will show
a potential bear breakout and the market may go deeper
before it pushes towards the daily target of 77.00
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