NYMEX:CLF2017   Crude Oil Futures (Jan 2017)
4
This 52.25 area is holding better than I expected so far as resistance has become support and trendlines from bottoms hold but with that doji on the daily along with the gap that wants to get filled I think lower prices are the better bet. I will stay flat at this area though as the risk/reward with the elements at play don't fit well into my profile. The effects of the Fed and the $ can easily sway things the other way. Patience with this animal...
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