Crude Oil ( CL Daily ) Is it consolidation time ?
Ok, president Trup was looking for lower prices and there you go right in time ;)
Bears are under control no doubt about it but todays price action ( I would like to see daily close ) suggest we may see consolidation phase between 61,50/62,00 a 64,30/64,80
We are within 'no mans land" here imho and only breakout/down might give Us further direction.
I do expect bulls will try to take out top of the channel but it might not be enough.
Bears are under control no doubt about it but todays price action ( I would like to see daily close ) suggest we may see consolidation phase between 61,50/62,00 a 64,30/64,80
We are within 'no mans land" here imho and only breakout/down might give Us further direction.
I do expect bulls will try to take out top of the channel but it might not be enough.
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