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Fell Below 50 Day Moving Average appears for CL after 1.88% move
On Monday, August 17th, CL moved down 1.88% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 89.4, 88.6 & 87.72, with resistance at 91.08, 91.96 & 92.76.
Current SwingTradeBot Technical Rating of CL: C
Don’t miss other key signals CL triggered—view them now on SwingTradeBot.com.
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