NYMEX:CLF2017   Crude Oil Futures (Jan 2017)
5
I wanted to see a retracement closer to 49.25 but it appears 49.58 will be the closest it will get. Appears to be long flag pattern upside breakout, which is a continuation pattern. I'll be looking for opportunities to buy on Friday for a scalp/daily swing. I wouldn't take any position over the weekend with the non-OPEC party taking place over the weekend. A push to 53.75 might be what's developing.

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