Tuesday, July 7, 2015

#PreMarket Thoughts and #CL_F Levels for Tuesday, July 7, 2015

#PreMarket Thoughts and #CL_F Levels for Tuesday, July 7, 2015SocialTwist Tell-a-Friend

CLQ5 is getting extremely close to the 51s target and while below 53.75 or below 54.40-54.70 zone as line in sand (LIS) 51s will likely get reached sometime today.

If above 54.70 there is still a good amount of resistance from 56.40 to 57.30 to get through before considering a macro bullish bias. If below 51 today/this week 49s will then become the next lower target. 

Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC

Posted by Hamzei Analytics, LLC at 8:30 AM

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