Sellers in control of Crude Oil; earn profit with these price levels

The hourly anchor chart shows us another example of how
accurate we’ve been this week using this bearish price-channel as our
guide.  With daily charts telling us the
bears are in control, and the highs of this bear price-channel continuing to
give us trading opportunities each day we will expect to see more of this on Wednesday.  Remember, when trading a bear price-channel the
high-percentage-trades occur selling at the highs, so be patient to see if we
can get a short trade around 95.54, 95.00 or the best location would be
95.13.  Targets for the sellers will be price-channel
lows, 93.78 and 93.37.

On this morning’s broadcast with trader’s
audio we predicted that “We’re looking to get long with a
price-reversal at 94.62 and take profit at 95.13 where we expect to see another
possible price-reversal and a return back to the downside again.”