alleytrader

cl, oil, daytrading for Nov 27th

FX:USOIL   CFDs on Crude Oil (WTI)
oil is testing the high of a few days back, and if we break over those highs a balancing top for today would be 59.5. so a big move. This being a limited action week I do not see this as highly probable, but anything can happen.

A break lower I expect to be a slower choppy trade filling in action through out the prior move.

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