Light Crude Oil Futures
Updated

CL back to bearish trend

702
CL was trending bullish but on Friday reversed and closed back below the daily high mapped out on the chart. Now I would be looking for it to touch the daily low.
Note
3/11/2024 it tested and rejected at the Daily High line. I would expect another test due to how close it is to the line
Note
3/12 premarket tested and rejected daily high

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