claydoctor
Short

CL1! moment of decision

NYMEX:CL1!   Light Crude Oil Futures
86 0 1
Yikes, so many conflicting resistances and supports, catalyst and "talk" of cutting production. Dollar strength fragile as an egg, could be an omlette or a hard boiled treat. We could complete a larger inverted head and shoulder, or we could go the other way and complete a smaller regular head and shoulder. Not sure I have ever seen this set up before. Like a crossroads. Still short, but we will all know soon enough who are the winners and losers.
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