Crude Oil day trading strategy

Crude Oil is trading inside the bear price channel and
outside the range from Tuesday.  Both of
those clues tell us the price should keep falling to the major support below
it.  We can also see trend lines above
and below price have defined a price wedge which tells us to buy the lows of
the price wedge as major support.  we can
many levels of support below the current price, so with the dollar index moving
higher this morning and the bear price channel telling us to keep selling retracements
we can keep looking short until the dollar index reverses off the resistance or
the Crude Oil tests the support below starting 102.28, 102.06, 101.73, not to
mention the AB=CD Reversal Zone where we want to buy as well.

The key to our success today on Crude Oil today is to have
the dollar index at resistance while Crude Oil is at support so that the dollar
index will reverse along with Crude Oil and we can buy the lows of the range on
Crude Oil.

Also remember today is Wednesday so 1030am EST today we have
inventories, which will mean slightly sloppy market personality leading into
the news, and then a possible dramatic reaction to the news that comes
out.  So stay patient today, we can make
a ton of cash in a short period of time.