week10's Rally reached 59 this Friday morning but failed to breakout for higher hights.
Despite the Bull Run is still above 50RSI and supported by 50SMA, Oil is pulling back a little bit just before lunchtime maybe to re-test 58 to breathe and end the week.
JUST TO NOTE: 1 future contract of CL (approx $3.500) bought last Friday and sold today would have generated profits equals to it's value.
To read about fundamentals driving week10 Rally please refer to the link in the Related Ideas below.
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