CL_F
March price/action suggests a drop to lower tramline, say the 61.8% at 44.06, and maybe the 50% at 42.36 (Apr 13 high).
Daily CCI overbought, RSI 68 (nearly o/b, hence allow for $50 roundpoint spike)
Short here 48.50 SL 51
TP1 44 RR 1.8
TP2 42.30 RR 2.5
March price/action suggests a drop to lower tramline, say the 61.8% at 44.06, and maybe the 50% at 42.36 (Apr 13 high).
Daily CCI overbought, RSI 68 (nearly o/b, hence allow for $50 roundpoint spike)
Short here 48.50 SL 51
TP1 44 RR 1.8
TP2 42.30 RR 2.5
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