Charts I’m Watching: Jun 2, 2015

Futures fell as much as 23 points from yesterday’s highs overnight, which led to CL’s sudden departure from the falling white channel it’s been in for the past month.

2015-06-02 CL v ES 0615Given that the dollar is sliding and the yen appreciating, it’ll probably be too little, too late.  We’ll stick with Friday’s downside targets for now.

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