Monday, June 27, 2016

Market Psychology Of Brexit Range Morning On Crude Oil Futures;

We came in today after a full weekend of analysts ripping apart the Brexit vote with fresh eyes. This gave us a HUGE gap lower on Crude Oil showing that the bears from Friday haven't gone anywhere and are likely going to keep wanting to sell.

The large gap lower will likely see an initial buy move just off of sellers taking profit and other sellers not wanting to sell that far down who will wait for a retrace. This gave them a great area to sell right back down again turning the day into a range sentiment going into lunch time!

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.