Nice Looking Head & Shoulder Setup for WTI

Short

Light Crude Oil Futures (NYMEX:CL1!)

Updated

NYMEX:CL1! Light Crude Oil Futures

Oil WTI

oil wti

Most likely downward pressure here..

Comment:

Also like to mention, we just had the biggest Cushing inventory build since 2008..

Comment:

Might get some resistance in $49.50 area. Hold on tight..

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