The /CL (crude oil futures and USO short, SCO long) final price target (T4) has been hit for a quick 14% profit from Thursday’s short entry. Covered short & reversed to long for a quick bounce trade as a tradeable bounce off this level is likely. Previous & updated 60-minute charts below.
CL 60m March 24th
CL 60m March 28th
CL 60m March 29th