CL having trouble at 61 to 75 zone

NYMEX:CLN201615

Crude Oil Futures (Jul 2016)NYMEX

Description

⋅ May 31, 2016 12:46 PM

Given the slow pre holiday trade , best to let the market show its hand this morning.
Note the hesitation at the 61 to 75% retracement zone.
Possible down if trades below 49.30