CL right at the Fib-levels. Will we bounce?

15 Eki 2020

CL right at the Fib-levels. WIll we be bounce?

15 Eki 2020

Not

Could this be the last shake-out? We have a huge draw on Crude inventories and bulls showed up to buy the dip once again. A close daily close above $ 40 would be a pretty constructive price action. We have spent sufficient time in this price range and need to see a break of $ 41 to $ 41.50 soon to stay short-term bullish.