NYMEX:CLH2017   Crude Oil Futures (Mar 2017)
4
Potential upside breakout forming. Not much follow through to the downside from the last high "extreme" and price is currently sitting in a triangle. Trade above 54.30 would be a breakout from the 2-week range. Momentum might make a push toward 55.50. Trade below 53.50 would dismiss the triangle theory. 56.00 double top still in control, for now.
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