Good Morning .. Price of OilKeeping in mind my Oil price number mentioned last week. need to see a close above 54.72 and then next resistance will be 64.77 .. I see we got 54.25 and 55.25 on brent overnight. If we can get into that 54.75 to 64.75 ... I cannot see no reason why OPC will be into the 2.00-2.75 area and NXY into 30.00 again.
1.17 to 1.92 on my 30 level depth with an open at the moment showing higher than Fri high despite Oil showing a bit of a pullback for open... but a lot can change in an hr and 1/2 ..
I am looking at breaks at 1.66 - 1.71 - 1.74 - with a possible range 1.58 - 1.71 on the highs today.