pivot_trader

EIA traps short term still looks up

NYMEX:CLQ2017   Crude Oil Futures (Aug 2017)
EIA traps. Post report, price almost always recovers to previous path/trend.
Price bounced off 50% fib retrace from today high and yesterday low.
Need to hold $45.20s and get back on bull track.
If we slip lower could be spike down into the $44.60s
but still short term bullish. All just my opinion of course
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