Showing posts with label $WTIC CLZ13 Crude Oil SCO $CL_F. Show all posts
Showing posts with label $WTIC CLZ13 Crude Oil SCO $CL_F. Show all posts

Tuesday, October 22, 2013

Crude Testing ITZ Target Level

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WTI Crude Oil is now testing ITZ $99/$98 downside target. READ Oct 9th Post



Below Chart: December Crude chart up against Proshares Ultrashort Crude Oil (SCO) ITZ has entered Three 1/4 positions $27.80; $27.25 & $30.75 LINK

ITZ suggests using an 8-ema on the daily chart as a trailing stop currently $30.75

Link to Weekly CLZ13 and COT



Dennis Gartman: noted on CNBC that WTI Crude is heading to $85 LINK