Browse Symbol Stacks: USO: CL_Daily_June022015.jpg
With the bull flag breakout in /cl underway, let's look at potential targets higher.
/cl could not even correct down to 38.2% of the move off the low of the year, indicating a VERY strong trend move higher.
Should the current high of year (62.58) break:
1. 63.72 (Dec. 1, 2014 low)
2. 67.15 (2010 low)
3. 74.95 (2011 low + volume profile key area)
4. 76.668 (AB=CD target)