Crude Spikes Higher; Closes Unchanged
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-Today’s sharp intraday reversal may cap the recent bull move. Exceeding 105.19 would negate the bear case.
-A drop below 102.90 would put crude on the path towards 101.50.
LEVELS: 99.89 101.61 102.90 | 105.19 106.38 107.58
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.