NYMEX:CL1!   Light Crude Oil Futures
Price action is likely to extend higher to hit the 51.47, however, we are very bearish on crude oil             . We are forecasting a move lower for the weeks ahead that will initially target the 48.39 level. We will be getting short with premium members soon.
Comment: Initial upside target was hit at 51.47, now looking for the bearish move to develop.
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