Friday, May 30, 2014

Crude Oil Futures Day Trading Strategy; Selling supplied highs at resistance

Crude 6JJBar
I am watching Crude Oil continue to catch selling pressure which keeps pushing it lower.

I am waiting for price to come back up to 103.29 and 103.53 to sell it right back down again as well as the zone above that at 103.68 and 103.92.

The targets will be the BMT first currently sitting at 103.15 as well as the final target right back to the lows at 102.68 - 102.52.

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