Eye is on 49.80 for
CLU5 today if above 49.05; if CLU5 does not breach above 49.80
there is still potential for CLU5
continuing lower to 47.50 (possibly
today) then 45s/44s in the coming
days/weeks.
If above 49.80 the
next area of interest is the low volume area (LVA) at 50.50. Once/if above 50.50
the bulls will surly have 51.40.51.60
zone on the radar as the key area to regain in order to have chance of heading
back towards 53s then 55s.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC