June 11, 2014

Crude Oil Futures Day Trading Strategy; Buying the WAVE to new highs

Crude 6JJBar

I am watching Crude Oil continue to push higher making a new 6 high allowing us to move into a 678 wave.

I am waiting for price to come back down to 104.54-104.48 to buy it higher as well as looking to buy from 104.39-104.27 since we are a bit later in the wave count.

The first target will be the initiating swing at 104.81 with the final target a bit higher up at 105.14.

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