quantguy

Best Technical Analysis for Oil

Short
NYMEX:CL1!   Light Crude Oil Futures
Oil is testing lower levels but can't seem to break down further. It is testing 95.24 at the moment, but momentum appears to be bottoming out and we could be in for a relief rally. If so, watch 100 or 101. Beware of the vacuum zone down to 92.03.

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