GreenBoxTrading

Here's an interesting tidbit.....

Long
NYMEX:CL1!   Light Crude Oil Futures
I noticed Crude futures finished the month with a doji. There were only 3x this happened since charting began; Feb 2016, April 2020, and Dec 2022. Using the date and price range indicator after the Feb 2016 doji print and applying it to the Dec doji, I have an April 2023 price estimate of 96.03. As my previous posts indicate my price target is $88 but lets see if this simple pattern plays out over the next 3 months. Let me know what you think below.

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