Interesting to see the strength come back to the crude futures. Just when everyone was writing it off it springs to life. I think this is a deadcat bounce but 70ish looks a decent short point as it tests the daily 13 EMA. I will sell any gap up tomorrow. A better sell point would be 74ish as it back tests the lower down trend line on the WTIC daily.
http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=2&mn=0&dy=0&i=p74590379797&a=153354856&r=2184.png
Crude Oil
Started by
hedgehawk
, Oct 29 2008 07:58 PM
1 reply to this topic
