Wednesday, July 29, 2015

Thoughts and #CL_F Levels for Wednesday, July 29, 2015


First resistance for CLU5 today is at 48.25 then at 48.65; until above either there is still high odds and/or potential for CLU5 to continue heading towards 45s/44s especially once/if below first support at 46.90 then below 46.65-46.45 zone.

If above 48.65 the next upside target for CLU5 is at 49.10-49.20 zone and if above the potential for 45s/44s will likely be negated which will then put 49.75-50.25 zone as the next upside target.

Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC