forker
Long

Crude - Support At The Lower MLH

NYMEX:CL1!   Light Crude Oil Futures
The breakthrough of the upsloping centerline (grey), and the L-MLH of the red pullback-Fork indicates a potential turn.
Main TGT             would be back to grey centerline.

Second opinion is the break of the L-MLH, down to the support zone (green) and up from there to new highs.

P!

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Comment: L-MLH support seems to hold.
Next bounce would be at least up to the centerline (red dashed), since price is statistically going to centerlines over 80% of time.
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