Crude Oil Heading Down to $........

Not much happening for me in the trading yesterday, the signals had initial movement but then retraced for break even stops.

The daily chart has an interesting look with the 144EMA breached, than a double retouch of the 144, and then today a new lower low.

This could make for an entertaining ride next week.

If you swing trade this is interesting, if you day trade it is not interesting, if you don't trade at all you're just confused.

Crude Oil Daily Chart (click on chart to view)

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