MDstockmagic

crude oil free fall from supply zone $79

Short
NYMEX:CL1!   Light Crude Oil Futures
crude oil reversed from supply zone near $79
and intensified the selling pressure below our selling level $74

now downside demand zone is $67--$68... if broken than straight away $61

crude oil collapsed new Covid variant led to fears of renewed mobility restrictions, potentially hitting demand from the air travel market.