CL - Daily / Weakening Structure
Crude Oil has declined ~$10 in a Choppy Down Trend.
The ALGOs are experts at shaking the Trader's Intr-Day.
The Pattern was interesting as AM Gaps were being Filled,
until they were not, then the Decline began in earnest.
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We have lower-Price Objectives from 67 to 73.
A Contertrend move for 1 to 2 Days is Anticipated this week.
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With China and the USA taking around releasing SPR reserves...
Interesting times ahead.
CL, NYSE COMP DOW the Leaders.
The ALGOs are experts at shaking the Trader's Intr-Day.
The Pattern was interesting as AM Gaps were being Filled,
until they were not, then the Decline began in earnest.
______________________________________________________
We have lower-Price Objectives from 67 to 73.
A Contertrend move for 1 to 2 Days is Anticipated this week.
______________________________________________________
With China and the USA taking around releasing SPR reserves...
Interesting times ahead.
CL, NYSE COMP DOW the Leaders.
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