CL1! Depending on how it reacts to my bearish trendline over the next hour or so expecting a strong bullish move to about 69.10 then throughout tomorrow to 70.00. Adversely if it reacts positively to the trend line expecting strong pull to about 68-66.50. MCL1!
CL1! Gapping down through uptrend support line. Strong and definite uptrend failure signal, but expected after the spike up to 78. A rebound low from that upthrust would be 66.10. Gonna watch for a long entry there for a bounce play, and then final accumulation & short entry on the retest of the 70-73 zone.