alleytrader

CL, OIL,day trading for Jan 6th

FX:USOIL   CFDs on Crude Oil (WTI)
Oil has had a very big up move and looks like it could be attempting to find a big balance range, this is why such a big Red zone today. This give lots of inside red zone trades and without any news could be the area we trade in for some time. Now a break of this Red zone could be providing lots on information towards oils next moves so will be watching with great interest.

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