What i saw as strength turned into a small sideways channel. Then we broke through support before bottoming out.
CL is in an uptrend at the moment and i believe has the potential to hit the 82.75 resistance level. There is some support at 82.00 . I'll be looking for a long if it triggers in that area.
small bounce off 81.95 just under support , it turned into a scalp trade. They are trading back down into support and looks like if they break it this time it will reverse trends so i'm standing aside at the moment.
support broken and trends reversed. switching my bias to the short side, so looking for a short at around 82.00 old support now resistance.