CLG 1/3/17

NYMEX:CLG201760

Crude Oil Futures (Feb 2017)NYMEX

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⋅ 3 Th01 2017 10:21

Nice bounce off the previous downtrend to propel over a $1.00 rally. I'm currently short inside the wick with my stop at B/E. The chart suggests resistance at 55.25-55.50 so I'll be looking to play from the short side, but safely, in this area.

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