WTI Crude (CL) Trying to Bounce Off Weekly Chart Triangle Support

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WTI Crude (CL) rebounded almost 2% on the continuous contract yesterday, and is nearing the completion of a triangle (on the 4hr chart). Significantly, CL is trying to continue an effort from 2 weeks ago to bounce off triangle support (on the weekly chart) ahead of today's highly anticipated weekly inventory data release at 1030am EST...

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WTI Crude (CL)Weekly/Daily/4hr

CL (WTI Crude) Technical Analysis

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