CRUDE OIL

CLF21

The long term swing point is 38.2% of the move up from 11/2/20 at 39.80. The 200 day moving average is just below it at 39.50, so to turn the trend negative, I would want to see it close below both levels. The target for the upside once they can get solid closes above the 43.00 major Gann square is the next major Gann square at 48.55.