TomProTrader

CL1! continuation to downside

Short
NYMEX:CL1!   Light Crude Oil Futures
14
Hi guys,

The CL1! looks like a nice sell set up. Looks like an ABC pattern on the daily chart, so looking for a sell set on the 240 is probably a good idea.

With Oil output poised to increase throughout US in 2017, Oil is poised for a down move fundamentally, as well as technically.

Thank you for your support.
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