Maximus Analysis

Crude continues higher however....

NYMEX:CL1!   Light Crude Oil Futures
111 0 6
Crude has continued its upward march from the 26 dollar lows. It has hit one of our levels here at 46.12 and produced a doji candle. At this time it is safe to say that we should expect some type of pullback of crude. A 20 dollar move is a hefty one and last thing we need is to think that it is going to $60 dollars overnight.

Lets stop snorting like a pig because they get slaughtered and lock in some gains. This can be done by rolling stops or trimming some of the position. We are looking for this uptrend line to hold on pullbacks. However with a clean break with some significant volume we have to re-evaluate.

Always stay prepared for both sides of the coin. Levels for Crude will be posted in the morning..

Maximus            
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out