/CL (crude oil futures) broke below the 61.17 support following the breakdown below the trendline, providing an additional sell signal & adding to the case for more downside in equities in the near-term. 60-minute chart of /CL with pullback targets below along with the 60-minute chart of USO (crude oil ETN), including today’s pre-market trades & some near-term price targets.
/CL USO Crude Oil Price Targets
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