We are talking es in the cl thread right? I am looking at May 14-18 price action with emphasis on 18th highs as being strong resistance as this move looks to be expiring. Also around the 62% retrace from April highs this morning so I would say target met, after the fact observation of course.
What's your take guys? Go for the rebound or sell the pops? Have a good one, everyone. Edit: Aaah... the loneliness of the crude oil trader...