ScottBogatin

Bobby's homework assignment 12. 7. 22

NYMEX:CL1!   Light Crude Oil Futures
The markets are getting very difficult to trade in many cases. One typical way for me to look at markets that are becoming more difficult is to look for a contraction in the market, contraction is not one simple thing, or change. In addition, patterns develop, and these can help us to change our perspective and make better trade decisions. We will look at a couple of equity stocks, paying attention to transitions that can help us adjust our expectations about the market in a more conscious way, as opposed to a vague and stressful uncertainty. The markets will change whether you recognize the early signs or not. Having the ability to take market information from the chart, even though a market is becoming best clear, is a much better way, and less stressful way of managing today's markets, and most importantly your trade decisions. I started oil with the intention of showing you some trade decisions that I will make, but since we ran out of time, there will be a part 2.
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