Monday, July 27, 2015

Thoughts and #CL_F Levels for Monday, July 27, 2015

Thoughts and #CL_F Levels for Monday, July 27, 2015SocialTwist Tell-a-Friend

CLU5 will now have to first get above 48.15-48.35 zone then above 48.60-49.10 zone in order to negate the stair step formation continuing lower to 46.60 then 45s.

If above 49.10 there is a good amount of resistance at 51.05-51.25 zone which must be regained otherwise any rallies &/or pops this week will likely just be intraday Short opportunities. 

Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC

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