CL Redux

GM

I think this could keep squeezing to 106.50 to 107. The mornings price action should be telling of the intentions

50/50 volume today on May & June CL


EIA Petroleum Status Report 10:30 AM ET
 
CLM12


It looks like a simple pullback in a trend based off of increase in inventories. Short at 103.12, looking for about 102.90, stop loss at 103.30.
 
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