NYMEX:CLG2017   Crude Oil Futures (Feb 2017)
3
We have the major double top that's been in play since last week accompanied by the minor double top formed by Tuesday's trade. Three major wicks also present on the daily chart, all suggesting a sell off...which we haven't gotten yet. But I do think it's coming so trying to short at good levels in hopes of catching a fantastic runner. 53.00-53.25 might be the sweet spot for Wednesday's trade but I'm surely more aggressive playing the short side. (This is my last day trading feb).
Disclaimer

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.