NYMEX:CL1!   Light Crude Oil Futures
Oil has its next hurdle to get through. Hurdles are zones in the way of higher prices. if we can clear this, this opens the door for much higher prices in oil. The daily is in a downtrend so you have to watch where this could fail on the way up. This is also a place people that wanna short can short against. Thats up the individual person. Some like to just manage against it and see if we can break it, some like to take profits and short against it. One isnt better then the other, its trading style. Will see if we can clear this otherwise oil is vulnerable to a another leg down
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