Monday, June 2, 2014

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

Crude 6JJBar
I am watching Crude Oil continue to fall lower but we had a bit of a snag making a token print low on the way down.

I am waiting for price to get up to 102.77 and 102.95 to sell it right back down to new lows as well as 103.06 and 103.24.

The target on the way down will be the previous swing first at 102.61 with the final target back at the lows from 102.31-102.19.

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