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IamThattrader

Technical Forecast... Crude Oil

Short
Light Crude Oil Futures (NYMEX:CL1!)  
IamThattrader Updated   
NYMEX:CL1!   Light Crude Oil Futures
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With FOMC looming today and NFC I don't see any reason for the Weekly SSL to be taken out and price to at least stab into the Daily FVG.
I will be looking out for meaning full moves into these price points during NY session today.
London may offer a little chance to create some false idea we have done it but usually the move is fake and revisited.

80.50 is my weekly objective as it has been from late last week.
So my trade idea's will evolve around price post retracement and then heading down.
Comment:
Post 0830est Look for Todays Low and CE of Daily FVG to be touched the level is 80.20
Comment:
Chart to Illustrate...

snapshot

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