May 13, 2014

Crude Oil Futures Day Trading Strategy; Selling the highs back down

Crude 24JJ Bar

I am watching Crude Oil correct a bit from the big block of selling on the way down.

I am waiting for price to come up to 101.46 and 101.81 to sell it back down to continue to trend back to the downside.

On the way back down I will be targeting the BMT’s around 100.50’s as well as all the way back down to the lows of 98.74.

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