Light Crude Oil Futures
Short

Pullback as expected

103
1. Pullback to 23.6% level tested
2. Likely will test 38.2% level these 2 days - can close of some short positions at 52.80-90s level
3. Overlapping Fibonacci retracement levels at 52.16 - can close off balance positions

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.