CL has a bearish week though weekly candle is green. Price went back inside the rising wedge but quickly go down. It may test the downtrend support line next week. If there is no bullish news from OPEC next week, the H&S pattern may be valid and down it goes. For now, your guess is as good as mine.
Daily support/resistance on 28th Nov: 46.33, 47.07
Weekly support/resistance from 28th Nov - 2nd Dec: 46.49, 47.54
Monthly support/resistance for Nov: 47.65, 49.43
2016 Yearly support/resistance: 40.90, 48.56
Daily support/resistance on 28th Nov: 46.33, 47.07
Weekly support/resistance from 28th Nov - 2nd Dec: 46.49, 47.54
Monthly support/resistance for Nov: 47.65, 49.43
2016 Yearly support/resistance: 40.90, 48.56
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