magnelibra

August Crude Fails To Close Gap Rotating Lower

Short
NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
Crude Oil failed to close a gap above $42, and now rotating down and $36.36 is likely short term target here then support at the 50eMA down at $35.47 seems logical. Oil has come a long way and with the economy not out of the woods, skeptical here!

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