CLX20 Update

The rally from the 36.50 swing point, that was 38.2% back to the 4/22/20 low failed to get above the 200 day moving average at 41.63. They could trade between these two key levels for the next few weeks, or months. For the downside, a couple close's below 36.50 should send it to 61.8% at 32.00. On the upside, with a couple close's above the 200 day average the target will be 61.8% back to the 2018 high, this is 56.80.