Crude approaching Value Area LOW. Also 50 MA on 30 min chart.
RSI 14 at 50 mark. Might look to short again. We have a trendline
from the beginning of Crude down turn a little higher 50.40 or so.
Quite often Crude breaks a tend line and extends out of it a bit
and then breaks down again. That's why waiting for Steve's entries
work better than simply shorting or going long at lines.
Crude bounced off the 20
Crude Oil Futures /CL As a guide looking for /CL to ...
Posted by steve on 11th of Feb 2015 at 11:31 am
Crude bounced off the 20 day..and when crude bounced IBB faded. Trading opposite lately.
Crude approaching Value Area LOW.
Posted by zenman on 11th of Feb 2015 at 12:26 pm
Crude approaching Value Area LOW. Also 50 MA on 30 min chart. RSI 14 at 50 mark. Might look to short again. We have a trendline from the beginning of Crude down turn a little higher 50.40 or so. Quite often Crude breaks a tend line and extends out of it a bit and then breaks down again. That's why waiting for Steve's entries work better than simply shorting or going long at lines.
yeppers
Posted by matt on 11th of Feb 2015 at 11:35 am
yeppers
Great Matt. But, if we
Posted by zenman on 11th of Feb 2015 at 11:42 am
Great Matt. But, if we had a trading room, we could get this info out in real time. Well?