Interesting week ahead for oil. Downtrend appears to have been broken this past week and a new uptrend started. let's see if we break Fridays high of $52.34 and push thru $52.50, $52.70-$52.75 then make our way onward to reclaim $53
Trade closed manually:
CL rejected off initial resistance on several attempts. Market not yet ready for any further upside movement
Comment:
looks like the market decided to give it one more go and broke resistance this time.. got to love it. lol
