Below are the updated (slightly revised) price targets for the /CL (crude futures) short trade posted earlier today. Props to member @EMFO for pointing out the fact that I posted the chart of the soon-to-be-expired Aug contract instead of the Sept crude futures contract, which I intended to. I had been running both the Aug & Sept charts & earlier today I accidentally closed the Sept instead of the August, which most traders have just recently rolled to.
CL 60m 2 July 19th
The 60-minute chart below has the ‘rough’ comparable price targets for the SCO trade (best to align with the /CL targets above), including the approximate gain to each target, if hit.
SCO 60m July 18th