ichivergence_hunter

Support and Resistance For Light Crude Oil Futures, CL

NYMEX:CL1!   Light Crude Oil Futures
Strong resistance for CL is at level 81.91 and currently rejected. As we can see, the intermediate uptrendline also broken. So, right now Light Crude Oil Futures, CL on bearish direction. The support level after rejected strong R 81.91 are at 80.65, 77.70, 75.83, 74.12 and 69.15. Meanwhile current resistance level are at 81.91, 83.67, 85.00, 86.96, 88.52, 89.07 and 90.41.

In order to continue the uptrend movement, CL must breakout strong resistance level at 81.91.

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