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. CL1!
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.
CL1! Feel like oils downplayed, china struggling but war ramping up, no signs of cease fire. Media not covering Israel’s daily bombings. War just about inevitable at this point. Oil to the damn moon.