CL 1H closed at 88.02, above the 87.99 upper boundary. Now at 88.06; the 24h high of 88.15 remains unbroken.
A thin-volume weekend lift—don't mistake a 0.03 close above for a reversal.
Conservative: Only consider continuation after a 1H close above 88.15; target 90.
Aggressive: Try going long if 87.99 holds; stop at 87.73.
Invalidation: A 1H close below 87.99 would count as a false breakout; watch 87.38.
$CL #Crude oil
A thin-volume weekend lift—don't mistake a 0.03 close above for a reversal.
Conservative: Only consider continuation after a 1H close above 88.15; target 90.
Aggressive: Try going long if 87.99 holds; stop at 87.73.
Invalidation: A 1H close below 87.99 would count as a false breakout; watch 87.38.
$CL #Crude oil