Long continue Long

NYMEX:CL1!1D

Crude Oil FuturesNYMEX

Description

⋅ Aug 18, 2016 8:59 AM

Ok, Trend seem strong.. the next target for short covering is 48.80. Near this price I cover my long.

Comments

tbuckle

⋅ Aug 19, 2016 2:52 AM

48.80 on the new or old contract though?

Billy-Ray-Valentine-ITA

⋅ Aug 19, 2016 7:40 AM

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$.