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Is CL primed for downward momentum? Fell Below 20 Day Moving Average shows up after sliding 1.13%
On Monday, July 20th, CL moved down 1.13% while volume was to 0.8× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 91.34, 90.76 & 90.31, with resistance at 92.37, 92.82 & 93.4.
Current SwingTradeBot Technical Rating of CL: B
See all signals and full analysis for CL on SwingTradeBot.com →
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