The CL is preparing to take a new direction in the beginning of this week after consolidating for a while. The price is blocked between two important areas 41.30 and 39.89. If the price can break the support zone at 39.89, we will see a strong bearish move as long as the volume wakes up. Keep an eye on it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.