by e-globalTrading
CLc1 Crude Oil future contract is currently trading into a 10-12 USD tight trading range. The referred wide consolidation trading base began last December 1st and shows CL trying to gathering buyers to eventually continue up.
The presented CLc1 weekly chart shows no color background or SMART alerts, confirming the current lack of breakout momentum formation. At the same time pink-toned color backgrounds are also incipient, confirming the no direction sideways trading behavior.
Crude Oil Weekly Chart provided by MetaStock, Alerts provided by e-globalTrading-Trading Vest USA