Thursday, June 2, 2016

Market Psychology Of An Inventory Day On Crude Oil Futures;

We come in today to see Crude Oil gaping lower from yesterday's possible spike and ledge formation with snap selling pressure to drive the market lower after the open. These sellers quickly dried up though showing there is something wrong with their case.

The buyers continue to buy into the low moves and the bears get terrible continuation on every attempt they make showing the buyers are in the background snatching up every move lower and buying into them ahead of the news for a HUGE run higher!

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