CL is above the neckline of the inverse HS now. The inverse HS if valid, the measured move is around 70-75. Buy on dip!
Daily support/resistance on 3rd Jan: 53.84, 53.75
Weekly support/resistance from 3rd - 6th Jan : 53.83, 53.7
Monthly support/resistance for Jan: 53.18, 51.75 (CLG7: 53.49, 52.69)
Monthly support/resistance for Dec: 48. 46.05 (CLF7: 48.13, 46.43)
2017 Yearly support/resistance: 49.35, 40.28
2016 Yearly support/resistance: 40.90, 48.56
Daily support/resistance on 3rd Jan: 53.84, 53.75
Weekly support/resistance from 3rd - 6th Jan : 53.83, 53.7
Monthly support/resistance for Jan: 53.18, 51.75 (CLG7: 53.49, 52.69)
Monthly support/resistance for Dec: 48. 46.05 (CLF7: 48.13, 46.43)
2017 Yearly support/resistance: 49.35, 40.28
2016 Yearly support/resistance: 40.90, 48.56
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