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bcindc

Is crude oil about to crap the bed? 80.32 coming soon?

Short
Light Crude Oil Futures (NYMEX:CL1!)  
bcindc Updated   
NYMEX:CL1!   Light Crude Oil Futures
Wave Analysis Trend Analysis
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waveanalysis trendanalysis
Had a decent chance for a long setup, but this move today is pushing the limits on bullish structure. Now there is a clear setup for lower if this level breaks. LOB
Comment:
1.618 = 80.32 and 200% fib = 78.94
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