NYMEX:CLH2017   Crude Oil Futures (Mar 2017)
4
Groundhog day with Crude. Double top is major formation I see. We're getting nice swings in both directions. Everyone sees a big sell off coming, but hasn't happened yet... This downward channel under some pressure and I wouldn't be surprised if it doesn't hold. The sweet sell spot today might be somewhere higher more around 53.00-53.50. EIA Natural Gas Report and EIA Petroleum Status Report today so that means a lot of fun is yet to be had!
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