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CLZ2018 IDEAS AND PREDICTIONS

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NYMEX:CLZ2018   Crude Oil Futures (Dec 2018)
22:00 EST , 28/10/2018

Long Term: On a long term CLZ is expected to go to 4 hours target atleast as 1 day has formed a reversal candle with confirmation.
(Another reason supporting this prediction is CL is following ES and ES has clear picture of reaching the high.)

Short term : On a short term CLZ is expected to come down to 30 mins support and then bounce atleast upto 2 hours target.

Negative indicator: 30 mins
Confirmed : 2, 3,4 hours are confirmed negative

Largest tf Positive Indicator : 6 hours
Largest tf negative Indicator : 30 mins

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