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Market Psychology Of A HEAVILY Bullish Morning On Crude Oil Futures; SchoolOfTrade.com
We came in this morning to find Crude Oil gapping higher and showing an immense amount of bullish strength. This led us to believe that we had a very strong day potentially on our hands and to, at the very least, be buyers ONLY on the market.
This ended up being a hugely bullish morning pushing the market very aggressively higher with every pullback being bought for any reason imaginable. Markets like this need to be treated with a lot of respect — stick to that trend and don’t even THINK about going against it!