oil, cl, day trading for Jan 24th 2020

Oil is balancing as it gets ready to tell us what it plans next. not only is this info critical for the day trade ( that is fine just staying in the Red Zone for back and forth action) but also critical for the oil big picture trade also. I targeted oil down to 56 area before big decision time and now we went a little lower. On the chart are lower important big picture supports.

So all this said will trade the balance unless the oil market picks a side by moving out of the Red zone.