Morning Crude Oil Checklist:

Heat map
says these markets are sideways, with very little up and down trading
range.  This will change, so we will stay
patient and wait for our opportunity.

Overnight
Highs & Lows:

We have not
tested lows opening-range highs this morning, this tells us to consider this day
range-bound.  We want to buy-the-lows at
support and sell-the-high at resistance avoiding the middle of the range.

Are we
inside or outside day today?

Inside day,
right in the MIDDLE of the range.

What
price-structures do we see?

Where
will a reversal be likely today?

The lows/support
of the trigger-zone at 94.25 is the last stop for the buyers to hold this price
up.  If the buyers cant, it will tumble
down to 93.00 area and then we will also look for a price-reversal.

What is
our trading plan for today?

To stay
patient, don’t be too aggressive as the volume may be a little slower than
normal today ahead of the long weekend.  If
price keeps trading sideways we will buy-the-lows at support and sell-the-high
at resistance using this range-bound market personality.  If price breaks below 94.25 we look for fake-out-breakout
first and then we sell short with a profit-target at the 92.80 trigger-zone and
the completion of the bullish AB=CD Pattern. 
If we break new higher-highs above 96.54 we then will look for fake-out-breakout
first and then using a wave-pattern-long we will buy Crude Oil with profit-target
97.72, 98.29 and the big-round-number of 100.00 will be an easy runner profit-target.