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Crude Oil Futures Struggling, We Have Two Options
Crude Oil Futures:
10:45am est
– Crude oil futures struggling to tell us where they want to go next
– The big jump above 83.00 and trying to hold and the sellers are looking to pull it back down
– We have two opportunities for trading:
o To buy the break back into the range above 52
o To sell the highs with a 2-step pattern entry below 20
Day Trading Crude Oil |
Russell Futures:
11:15am est
– The Russell futures fell from the highs of the wedge pattern and our members know to always look to sell those highs
– Now we are at the lows of the trading range (704.0) and im looking to buy the lows.
– Entry long for this reversal pattern will be above 704.8 and the final target is the trend line overhead.
Day Trading Russell futures |