Confluence Rip In Crude Oil Futures. Early in the session Crude Oil Futures were all over the place. Then the 30 minute chart got into confluence with the 240 minute chart and Crude ripped higher
Why Trading The ES Futures To The Long Side Worked Best This Morning. Based on the higher time frame charts. There was only one direction to to trade The ES Futures.
Trading Momentum In Crude. We were getting bullish price action in Crude Oil Futures. However we were still negative on momentum and Crude struggled to go higher. Once Momentum went positive, Crude made a nice move up
Bullish Move In Crude After The Report. Today was EIA day for Crude Oil Futures. The market mostly chopped before the release. The report was bullish and crude ended up making a decent move higher.
An Early Rip Lower In Crude Oil Futures. There was bearish news for Crude Oil Futures. That news provided some very nice opportunities to take advantage of the big rip lower.