Crude Oil - Roni Baloni CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! ryan-snk Oil likely to remain range bound until the Covid situation is clear. All eyes on New York . https://www.worldometers.info/coronavirus/usa/new-york/ $40 is the top of the range. Somewhere between $28 and $35 is the bottom. Waiting for a bounce to start buying dips and then taking profits near the top of the range. Roni Baloni: If things aren't as bad as they seem and a daily candle closes above $40.50 I'll look to buy. Longer term target is $62.50 Roni Apocalypse: If there is a complete meltdown and a daily candle close below $28 target is then $10.50