Tom_Killick
Short

#CL1!: Downside Pressure Expected, Bear Conviction Seen! #Crude

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
417 2 15
Traders,

A nice bear harami cross, followed by clear selling pressure indicates bears are beginning to participate. Crude oil             sits at the 200 major moving average resistance, and within the historical support, resistance zone suggesting we could see some selling pressure.

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Best regards,
Tom
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moorekapital
10 months ago
I trust this guy. Good eyes, Tom
Reply
uperth
10 months ago
Hi Tom, thanks for this, what is the target to go down to?
Reply
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