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alleytrader
Oct 10, 2019 12:41 PM

cl, oil, trading Oct 10th 

Crude Oil (WTI)FXCM

Description

the last 6 settlements on oil have been inside a 60 cent range so oil has been going no place, so very balanced. Balance leads to unbalance and could have a large move coming so will be watching close for that.

There is good back and forth action inside this balance zone so will trading that sloshing until we find clear direction
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