quintalytics

Crude Oil Showing BULLISH movement on 4 Hour Charts

Long
NYMEX:CL1!   Light Crude Oil Futures
CL Crude Oil is showing Signs of BULLISH movement on 4 Hour Charts.
Based on price swings and technical indicators, recent BULLISH divergence has appeared.

Look for a CLOSE above RESISTANCE at 54.71 to signal a possible new BULLISH TREND

KEY S/R LEVELS:

Resistance @ 54.71
Support @ 52.58

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