$CL I’m bearish on this move. Price around 79.00 is clearly running into strong resistance; the chart looks quite heavy. I’m preparing to take a shot at a downside pullback from this level.

You can watch the range from 78.96 to 80.3. To the downside, it may test 76.20 or even 73.46. Also keep an eye on $TAC and $SNDK—they also look pretty heavy.

But watch the risks: if there’s a strong breakout above 79.10, the short-selling thesis may fail, and the defensive level is 82.71. Don’t go all-in—manage your position size based on your own account.