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alleytrader
Feb 12, 2020 1:29 PM

cl, oil, day trading for Feb 12th 2020 

WTI CRUDE OILTVC

Description

oil is off to a bullish start heading for the top of the big range I have mentioned a few times. The first targets are close to the current action to see if oil can push past where some selling is likely to happen. This is either a look for buyers and in that cause we find them or we do not. If they are found a good sized up move could be coming and top of range of 52 is very possible. and if the buyers do not jump on board then a rejection back into the prior days range is my second trade idea.
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