Took sp 500 as referance .Yesterday we formed a candle with long underleg and comparing to previous made levels it could serve as a good support.
Most important for CLL is that the oil price don't drop to levels at around 60 or lower .Then we have trouble ahead again.Today we jumped up to fast so there is a gap with the previous candle.Could be filled also.
I read and also heard on tv that there is enough oil available so a quick rise towards 200 like some are hoping is IMO not directly for the near future.I think it's better for economy that oil is trading in a broader band .Bourses will remain vollatile for quite a while .