Cl futures technical traders note CL futures broke

Technical traders note CL futures broke out above the 20-day Bollinger Band upper range—a signal that momentum traders often use for short-term entries. This could lead to quick retests of $84 if momentum holds. Another option for the three is to rule together with a comfortable majority. Babiš shares with the Motorists the rejection of EU climate and migration policies and other issues but the Freedom party wants to lead the country out of the EU and NATO, a red line for Babiš and the Motorists. The Dow Jones Industrial Average ( ^DJI ) dropped about 1%, while the S&P 500 ( ^GSPC ) fell around 1%. The tech-heavy Nasdaq Composite ( ^IXIC ) declined roughly 1.3%. CL futures are currently consolidating around $81.55, digesting last week’s rally. RSI readings near 60 indicate a balanced market, yet geopolitical risks remain an undercurrent for potential upward spikes.