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LIGHT CRUDE OIL FUTURES

NYMEX:CLQ2013
 
     
 
    
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CLQ2013 Commodities Futures Chart

 

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LEONES LEONES PRO CLQ2013, D, Short ,
CLQ2013: Crude Oil WTI over-supply - 2nd
212 13 1
CLQ2013, D Short
Crude Oil WTI over-supply - 2nd

Entered too early and got stopped - Retry tomorrow. The market could start a sharp sell off on the 2nd or 3rd of July. 96.00 would be my entry point with first target objective 91.50. Crude Oil has retraced to an interesting Fib level from the last pivot low (92.67) and is currently trading close to the downward sloping upper parallel. 'Voices' that the market is ...

LEONES LEONES PRO CLQ2013, D, Short ,
CLQ2013: Crude Oil WTI over-supply
151 0 1
CLQ2013, D Short
Crude Oil WTI over-supply

Crude Oil has retraced to an interesting Fib level from the last pivot low (92.67) and is currently trading close to the upward sloping median line and downward sloping upper parallel. The market could start a sharp sell off next week. 96.50 would be my entry point with target 91.50. 'Voices' that the market is over supplied. Weekly chart snapshot here ...

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