CLQ5 finally
breaches below 51; now I will have
an eye out for a potential shakeout just below 51 in order to think bullish which means CLQ5 must first get through and hold back above 50.90-51.50 zone to confirm a shake otherwise
49.80 then 48.50-47.75 zone will be potential lower targets.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC