Crude Light

had a very nice move off the 70’s. looks very much like the gold trade.

weekly-
in a long trade from 81 next target is 95. sell stop at the lows of 71.63.
Daily –
in the long trade from 82.24 to 92.38. but in a retracement down from the 84.70 to the first target of 80.90.
but time and trade pressures are extended down so look for more to the down move soon.

the 4-23 cycle top is showing up in multiple markets – be careful with the longs.