Thursday, May 26, 2016

Market Psychology Of Big Round Numbers On Crude Oil Futures;

Today we see Crude Oil opening up right on top of the big $50.00 / barrel mark and we quickly saw snap selling right into that price showing us that buyers had little to no interest up there to start the day off.

We then see even further evidence of buyers giving up right at the top once again for sellers to swoop back in and SLAM the market lower back into the channel formation from the prior day!

Test-Drive our Advanced Membership  Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.