Currently: Cash Looking to: Short @ $65.80
As of 4/21/19 at 10:27pm EST: $64.07
LAST WEEK: We suggested shorting crude up at $65.80 with stops on a close above $66.50 and with a target of $51.
UPDATE: Crude oil futures as noted here last week made it through the lower edge of the projected band of resistance at $63.95 and are likely destined for a test of $65.80. Nothing has changed. We would be out of crude longs now and would look to short up at $65.80 with stops on a close above $66.50 and with a downside target of $51.