/CL (crude oil futures) has hit the 80.20 target where the odds for a reaction are elevated. Consider booking partial or full profits and/or lowering stops if holding out for the next potential target of 76 or if hedging equity longs with a crude short. Previous & updated 60-minute charts of /CL & USO (crude ETN) below.
CL 60m July 10th
CL 60m July 16th
USO 60m July 10th
USO 60m July 16th