The /CL (crude oil futures, or USO, SCO, etc..) short trade hit the second price target (95.77) for a ~6% gain followed by the typical reaction so far, with the next objective short entry or re-entry, for those that booked profits at T2, here on the bounce back to towards 97.89ish resistance level. Previous (July 19th) followed by today’s updated 60-minute chart below.
/CL Crude 2nd Price Target Hit, Bounce Back To Resistance
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