/CL (crude oil futures) have just hit the second price target (T2) for 6%+ gain. Consider booking profits and/or raising stops, depending on your trading plan. Previous (screenshot from last Wednesday’s trade ideas video) and updated 60-minute charts below.

CL video screenshot 12-13

CL video screenshot 12-13

 

CL 60m Dec 18th

/CL 60m Dec 18th

Likewise, USO (crude oil ETN) also just hit the 69.48 target/resistance as /CL has hit T2 for a ~6% gain. Consider booking partial or full profits and/or raising stops if holding out for the additional targets, depending on your trading plan. Previous (last Wednesday’s video screenshot) and updated 60-minute charts below.

USO video screenshot from 12-13

USO video screenshot from 12-13

USO 60m Dec 18th

USO 60m Dec 18th