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Trending Topics
CrudeBrieflyFallsBelow$90
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$CL is looking weak around $86.5 to $86.8, down roughly 3%+ in 24h, with the 24h range near $85.83 to $89.78. Price is already close to the lower side, so I would not short the exact low. Bias: Short on rejection Entry zone: $87.20 to $88.20 Stop: above $90.00 TP1: $85.80 TP2: $84.60 TP3: $83.20 if selling pressure continues The key area is $88.20 to $90.00. If $CL bounces there and rejects, sellers still have control. If it reclaims $90 with strong volume, I’d cancel the short idea because that could turn into a squeeze. The clean trade is the weak retest, not chasing the drop after price is already near support.
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