Friday, December 23, 2016 Morning Crude Comments from MB

I like selling $53.20 risking .20 to make .50, or selling $53.60, risking .20 to make .75 or buying $52.07 smaller, risking .15 to make .35.



$53.60 (***) Third Higher Target + Resist

$53.20 (**) Second Higher Target + Resist

$52.78 (*) First Higher Target + Small Resist

$52.55 (*) Early Pivot

$52.07 (*) First Lower Target + Some Support

$51.82 (*) Second Lower Target

$51.57 (**) Third Lower Target + Support


All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC