quintalytics
Long

CRUDE Oil Long Setups

NYMEX:CL1!   Light Crude Oil Futures
79 0 1
Look to go LONG on a break above 51.62 (previous HIGH from 6/8/2016). Also look for a LONG after a retracement down to 49.69 for current trend continuation.

With a break below 49.20, I'd consider looking to go SHORT.
Comment: Price bounced of the previously mentioned 49.69. Looking for LONG trend continuation to test 51.59 again.
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