Continuation Trades In Crude There was quite a bit of volatility in Crude Oil Futures this morning. Volatility equals expanded price movement range. Expanded price movement equals opportunities.
Waiting On Bearish Momentum In Crude. Early in the session our 240 minute Crude Oil Futures chart was bearish. The problem was that our 30 minute chart was not. We had choppy action until the 30 minute chart went bearish. Then there was a nice drop in crude.
Double Wick Trade In Gold. There is a continuation set up that I like to trade. It is called a double wick trade. It is a high probability continuation set up.
Bulls In Control Of The ES This Morning. The morning session had the 240 minute chart and the 30 minute chart controlled by the bulls. Long trades were working the best in the ES Futures.