As CL Nears $80 - Buy or Sell?

As CL Nears $80 - Buy or Sell?Forget that. Play the day.Each day is full of big points.

 

On a technical note, Friday's session was the 1st time in the last 16 days crude has closed in the lower half of its trading range.

If there is not a quick rebound, that could signal weakness.

Looks like oil is trading inverse to the USDollar index

 

Would like to short it, but stepping in front of a moving freight train isn't easy.

 

Exactly my sentiment.