Thursday, May 19, 2016

Market Psychology Of A Major Trend Reversal On Crude Oil Futures;

Today we see Crude Oil open with a HUGE gap lower into more selling pressure to really drive the market down with a lot of buy traps. This chop whipped buyers out and trapped even more in causing heavy drives lower.

Once we made it to the lows we then saw a monstrous bull candle come in that initially most sellers didn't believe followed up with the sellers then failing into a HUGE run right back up to the highs! What a day on Crude Oil!

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.