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AMPlifiedtrader
Jan 26, 2017 7:14 AM

CLH 1/26/17 

Crude Oil Futures (Mar 2017)NYMEX

Description

Pretty clear what's going on here in crude. A lot of congestion suggesting a breakout in some fashion. The downward pressure is dominate but the upward trend line shows a lot of potential. I'd prob take a shot at a long if we get another wick bounce off the trend line but I won't play the hero. Everyone sees the same thing in this chart so should be somewhat clear where the stops are.
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