Thoughts and #CL_F Levels for Tuesday, August 4, 2015
CLU5 is getting
dangerously close to the 44s target mentioned
last week and as long as holding below 46.50-46.65
zone there will be high odds of continuing lower to 44s-42s zone especially once/if below 45.50. If below 45.50
the first lower target that is on the radar is at 44.70-44.60 zone.
If above 46.65 the
next resistance is at 47.15-47.30
zone.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC