We're working with the same Bull/Bear Zone levels as Tuesday. Bear
zone was rejected nicely twice on Tuesday. I wouldn't expect the same result if tested today for a third time as triple tops (or bottoms) don't have a high success rate, but anything is possible. Strength in CL
should carry over to ES so I'll be keeping an eye on that for direction as the EIA
Petroleum Status Report is the fundamental economic report for the day. Despite being a natural bear
, the Bull
Zone area looks attractive to me for a nice swing trade set up as it coincides with the trendline
from 10/13's low and matches statistically in SD
world on the 60min and 30min price bands but beware below if it can't hold. Happy Hump Day.