Crude oil: Sell around 64.00, target 62.00-60.00

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Crude oil: Sell around 64.00, target 62.00-60.00Crude Oil FuturesNYMEX_DL:CL1!GoldenBigAgeCrude Oil Market Analysis: We've said this many times before: sell crude oil when it rebounds. Don't be afraid. If it breaks through, we'll lose money, but if it doesn't, we'll make money every time. The daily chart and indicators haven't changed. This is still a correction after a sharp sell-off, encountering resistance. We need to look for rebounds during this correction to continue selling. Sell crude oil if it rebounds today at 64.00. Fundamental Analysis: Recent fundamentals revolve around the Federal Reserve's interest rate cuts. This week, we'll focus on two major data points: ADP and non-farm payrolls. Trading Recommendations: Crude oil: Sell around 64.00, target 62.00-60.00