Thursday, May 29, 2014

Crude Oil Futures Day Trading Strategy; Selling the WAVE down with selling strength

Crude 12JJBar
I am watching Crude Oil push lower under the BMT's as well as seeing a cross lower.

I am waiting for price to retrace back to 103.20-103.34 as well as above that to 103.54-10.79 to sell it back down again.

The targets on the way down will first be at the initial swing at 102.61 with the extended target back down at 101.88.

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