Thursday, July 23, 2015

Thoughts and #CL_F Levels for Thursday, July 23, 2015

Thoughts and #CL_F Levels for Thursday, July 23, 2015SocialTwist Tell-a-Friend

Until CLU5 is first above 49.75-49.80 zone then above 50.35 there is still potential for lower. If so 48.70 is a potential lower target for today and then 46s/45s in the coming days/weeks.

Although the CLU5 short-term and macro charts are indicating lower I am not stalking a new swing Short until/if at higher levels; I am also not ready to get Long yet either until once/if back above 49.80 or at lower levels.  

 Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC

Posted by Hamzei Analytics, LLC at 9:00 AM

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