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ArmaanOG
Mar 16, 2022 3:49 PM

Gap Fill or Sky rocket? Crude Oil Futures 

Crude Oil FuturesNYMEX

Description

So as we know Crude has been pumping passed few months especially last few weeks.

Ever since gapping up to 130 about 2 weeks ago we created a head and than A right shoulder and fell down.

We do have a gap need to be filled highlighted below. Especially if the rest of the Indices like SP500 and Nasdaq push up

Lets see!

I had 107p and 105.5 contracts i closed out right around 100. wish i had held. :( Anyways Hoping to go back bullish and go back towards 130 again!

Comment

Very Bearish, Missed gap fill. to downside and popped with SPY and others which it has been moving with lately which is weird. But still bearish overall
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