CL was front run again

Orders were stacked up on the Sell side at 60.55 – 60.57.

CL has been following the Indices closely, usually making it’s larger moves at the end of the day. This time frame is typically a grind sideways.

Yesterday’s 110 tick move down put plenty of fear into the trade Long.

The Target below is now 59.77.

The 55.22 & 52.88 are the larger Daily support levels.

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