Monday, April 18, 2016

Market Psychology Of Traps On Crude Oil Futures;

Today we had a HUGE gap lower over the weekend price action showing that the buyers who were in are going to exit and the sellers may want to drive price lower. This didn't end up being the case with gargantuan bullish sentiment right from the morning session.

This sentiment told us that sellers who are trying to sell this as if it were a range are now stuck and looking to get out allowing the buyers to slam the market higher forcing them out with buy stops to push even further!

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