Thoughts and #CL_F Levels for Wednesday, July 29, 2015
First resistance for CLU5
today is at 48.25 then at 48.65; until above either there is
still high odds and/or potential for CLU5
to continue heading towards 45s/44s
especially once/if below first support at 46.90
then below 46.65-46.45 zone.
If above 48.65 the
next upside target for CLU5 is at 49.10-49.20 zone and if above the
potential for 45s/44s will likely be
negated which will then put 49.75-50.25
zone as the next upside target.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC