Light Crude Oil: Down +14% since the Cloud Chart (CC) sell signal! Downside risk $73/$70 old CC support zones!
Crude oil down 14% since the CC sell signals on the 4 hour CC. Downside risk towards the next key old CC support zones of 73.9/70.82!
Price action below the cloud remains bearish. Rebound potential at key CC support zones!
The daily CC identifies the potential support zones from the old January 2022 CC support base!
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