Thursday, June 5, 2014

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

Crude 6JJBar
I am watching Crude Oil catch a bit of a spike higher off of the lows it made earlier today into supply.

I am waiting to see a reversal out of this area we are in right now from 102.35-102.53 to sell it back down to the lows.

The first target will be back at the cloud around 102.15's with the final target back to the lows from 101.70-101.61.

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