Trade888

CL 15 Two major news items in one day

NYMEX:CLN2016   LIGHT CRUDE OIL FUTURES
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First the non-news from OPEC resulted in a drop to the median and then the Inventory draw-down resulted in a raly to the top rail. This fork is still showing the structure of the move with price wandering just outside the fork .
There was a higher low and now a lower high.
So sideways recent action.
The target is going to have to be moved over in time.
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