CLX20

Oil has now hit the 200 day moving average at 41.12, after rallying again from the 36.50 long term swing point, I still feel this should be the top end of a trading range for a few more weeks, between these two levels. With a couple solid close's above the top end of the current trading range at 41.72, look for the long term target of 51.00. With a couple solid close's below 36.50, the target is 32.00

CLX20