NYMEX:CL1!   Light Crude Oil Futures
Ok, Trend seem strong.. the next target for short covering is 48.80. Near this price I cover my long.
48.80 on the new or old contract though?
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Old contract, but it could be 49.30 ever old contract... we must pay attention on inversion pattern before short. Only on confirmation we can cover the long with short. Now is high speculation and can reach the old resistence in zone 50$.
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