CL - Daily / Weakening Structure

153
Crude Oil has declined ~$10 in a Choppy Down Trend.

The ALGOs are experts at shaking the Trader's Intr-Day.

The Pattern was interesting as AM Gaps were being Filled,
until they were not, then the Decline began in earnest.

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We have lower-Price Objectives from 67 to 73.

A Contertrend move for 1 to 2 Days is Anticipated this week.

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With China and the USA taking around releasing SPR reserves...

Interesting times ahead.

CL, NYSE COMP DOW the Leaders.

Penafian

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