CL Trading: Weekends Post for the week 25th Dec - 29th Dec 2017

Is a H&S in the making?

Monthly resistance

3 hanging man and 1 doji seen around 200 MA resistance. Is a correction coming? If not 60-70 should be seen.

Daily support/resistance on 25th Dec: 58.3, 58.19
Weekly support/resistance from 25th Dec - 29th Dec: 58.13, 57.69

Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)

Monthly support/resistance for Nov: 53.75, 51.98  (CLZ7: 53.81, 52.15)

Monthly support/resistance for Oct: 51, 49.71  (CLX7: 51.14, 50.13 ; CLZ7: 51.46, 50.58)

2017 Yearly support/resistance: 49.35, 40.28