We came in today to find Crude Oil in what we would call a multiple trend type day. This means that, although we can have a strong trend in one direction, it can be taken down and pushed in the opposite direction with just as much strength.
We had a great sign of failure from the buyers at the highs of a move on market mistake movement which slammed right back down allowing the sellers to begin their descent lower into a bear trend working down to the lows of the 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