Monday, August 15, 2016

Market Psychology Of A Trend Morning On Crude Oil Futures;

We came in today to find Crude Oil opening with a small gap up but buyers SMASHING the market higher on aggressive buying pressure. This gave a big clue that we were to expect a bit of a stronger continuation move for the morning.

We got the continuation that the buyers were looking for allowing for a very nice trend morning all the way up to objectives above. This gears us towards long only bias and looking to go with the trend until proven wrong!

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