Hamzei Analytics Financial Network: 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