April 4, 2013

Crude Oil Anchor Chart Up-Date:

The Crude
Oil 30-Minute anchor chart shows us testing a major buy-zone at 92.79 (see last
night’s review) and we know that the big drop in price will likely result in a
big POP in price back up into the range we’ve started from today.  We’re looking to buy now after the 9:30am EST
open after seeing this major support and knowing that the market personality is
exhausted from falling to new lower-lows in a very short period of time.  Target for the buyers are 93.75 and 94.03.

    schooloftrade

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