Crude Oil Futures:
|Crude Oil Anchor|
Crude Oil is moving lower this morning with a long term trend that is bearish on the anchor chart. We can see points on the chart above us that will make for excellent trading opportunities short later this morning. We will sell short as price retraces off these lows and use the support levels below us as profit-targets for our short-selling.
Remember, Crude Oil will rollover this morning to the 01-14 Contract but we aren’t quite there yet with the volume still higher on the 12-13 contract.
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