Crude Continues to Ride Down 20 Day Average
Prepared by Jamie Saettele, CMT
As long as price is below 10546 (early month high), look lower towards the December and/or February lows at 94/96. Reward/risk is highly favorable against the April high. Today’s recovery during the US session brought price back near 10330 resistance.
Bottom Line (next 5 days) – lower
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