alleytrader

oil, cl, day trading for Feb 6th 2020

TVC:USOIL   CFDs on WTI Crude Oil
today oil does not have a real red zone, so placing it at support and resistance area of a 5 day consolidation.
I will be trading red top to balance (dashed line) and red bottom to balance in a small trend back and forth method until oil gets out of this range or provides more information.
So i say big range chop for the time being.

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