TomProTrader

#CL1!: Bears In Control, Expecting Move Into Deeper Lows! #Oil

NYMEX:CL1!   Light Crude Oil Futures
22
Traders,

A nice short opportunity off candlestick weakness, in a resistance zone, 200 major moving average resistance, and a very good Fibonacci retracement level off the long term resistance level. The ceiling is reliable, and good for a short.

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Regards
Tom
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