CL right at the Fib-levels. Will we bounce?
Updated
CL right at the Fib-levels. WIll we be bounce?
Note
Could this be the last shake-out? We have a huge draw on Crude inventories and bulls showed up to buy the dip once again. A close daily close above $ 40 would be a pretty constructive price action. We have spent sufficient time in this price range and need to see a break of $ 41 to $ 41.50 soon to stay short-term bullish.
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