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Light Crude Oil Futures
Long

CL Flash Point

By electronictrader
Updated
Long CL on 1st test of daily support gained. Trend in tact - looking for new highs. Expecting a temporary smackdown at first target before higher.
Note
Looks like we gapped down pretty hard here. Still bullish and looking for these targets
Note
nvm new contract
Trade closed: target reached
I charted this on CL1! instead of the individual contract, if you check the actual contract, which omits the gap down from the change in contract, this thing got right up into the zone we were looking for at target 1. Still looking for new highs longer term
Support and ResistanceTrend Analysis
electronictrader

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