The recent move in oil is down back into the middle area of a month long range, I think after a bounce back to red zone top then we could see a move back to range bottom. Back above Red top yesterdays high is possible. I will be watching Red zone close and we may just have a choppy day in oil.
CLCrude Oil Futures WTI (CL1!)Crude OilOilSupport and ResistanceWTI

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