Wednesday, June 24, 2015

#PreMarket Thoughts and #CL_F Levels for Wednesday, June 24, 2015

#PreMarket Thoughts and #CL_F Levels for Wednesday, June 24, 2015SocialTwist Tell-a-Friend




Unless first below 60.50 there is good chance CLQ5 will/should continue higher from the move off the 59.50-ish support yesterday. If so or in order to move higher with ease CLQ5 must first get and hold above 61.30.

Once/if above 61.30 the first upside target will be the low volume area (LVA) at 61.75-ish then the key resistance at 62.10.

If below 60.50 today a must hold to keep a bullish bias is 60.10 otherwise the possibly of move to 59.95-59.80 zone will increase.


Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC

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