alleytrader

Oil, CL day trade ideas for June 14th

alleytrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Looks at this point oil will trade in a tight mall range, if we break this range will post extended targets when I see what the day is bringing. The range to start looks to me to be 58.50 and 57.60, with a tiny extended range of 59.00 and 57.40. The plan will be to trade this range short from tops and long from bottoms and will trade continuations if we break outside this small range.
Comment:
down move first target 56.90, then 56.25

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