smitheric1970

Oil: Taking it in the shorts!

Short
smitheric1970 Updated   
NYMEX:CL1!   Light Crude Oil Futures
Those of us oil bears that expected a quick reversal back down to the downside got clobbered last week. So, time to rehash important areas of resistance. See chart for setup.

Good trading all!
Comment:
Target Reached!
Trade closed: target reached
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