CLZ2016 - Trading Levels for 19th Oct 2016

NYMEX:CL1!   Light Crude Oil Futures
With today's Crude Oil inventory report and tomorrow's roll-over, expect a higher level of volatility .

SHORT @ 52.10; Stop: 20 ticks, Target: 60 ticks.

LONG @ 50. 05 ; Stop: 20 ticks, Target: 60 ticks.
Comment: SHORT was triggered at 52.10. AS the High for Dec2016 CL futures contract was 52.22 and Stop was set at 52.30, the trade produced a winner of 50-55 ticks!


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