Crude Oil rally in April Long

NYMEX:CLK20141D

Crude Oil Futures (May 2014)NYMEX

Description

⋅ Apr 4, 2014 5:48 PM

Crude oil seems ready for a rally in April2014. Targeting 106.0 approx on 24 April 2014 - intersection of the two bull median lines. Net funds increasing are increasing the longs following the trend (400k contracts)

Comments

QuantitativeExhaustion

⋅ Apr 17, 2014 4:18 PM

Very nice call on this one

LEONES

⋅ Apr 17, 2014 4:56 PM

yes thank you, I'm out now - took the profit earlier than the original target

LEONES

⋅ Apr 11, 2014 5:36 PM

I'll take some profits here (50%)

OldGoat

⋅ Apr 4, 2014 8:07 PM

My analysis (too messy to publish right now) comes up within pennies of your target (106.01-106.09), which makes a very good C point for a Bullish Butterfly with the D point landing in late summer around 79 (78.06-82.06).

Thanks for publishing this chart. May all your trades be profitable ones.

LEONES

⋅ Apr 4, 2014 10:44 PM

ok publish when ready so we can compare

OldGoat

⋅ Apr 6, 2014 2:43 PM

Published (tradingview.com/v/ek8Zucqa/)

LEONES

⋅ Apr 10, 2014 4:01 PM

working well