Tuesday, July 15, 2014

Crude Oil Futures Day Trading Strategy; Buying support back to a new high

Crude 8JJBar
Crude Oil has been crashing lower and in a VERY aggressive tone! We are now reaching an area of support to hold us up.

I am looking to buy 99.08 and 98.58 to retrace back to test the BMT's around 100.24 and farther.

The first target will be sitting at the BMT's currently at 100.24 with the final target back to the overall high of 101.20.

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