Buy CL at 52.70 bottoming tail with stop at 52.58 and target: 52.94
I play via SPY Puts so that my risk is limited. This is a longer term play not a day trader. my stop is close above 2170
CL has short term bearish sentiment entered the market about a month ago (08-19) Pattern has been in a range bouncing in a triangle. As the upper limit of the triangle slopes down there will be an opportunity on the short side from a pierce of 47.00
