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E-MINI LIGHT CRUDE OIL FUTURES

NYMEX_MINI:QMZ2014
 
     
 
    
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QMZ2014 Commodities Futures Chart

 

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timwest timwest PRO QMZ2014, D, Long ,
QMZ2014: Crude Oil - QMZ2014 - Daily - So close to a buy signal here...
357 4 7
QMZ2014, D Long
Crude Oil - QMZ2014 - Daily - So close to a buy signal here...

Today's action will generate a buy signal for me, an early signal, if the price climbs and stays over the mid-point of yesterday's bar. Why? Because yesterday was a range-expansion, down-bar. Those don't get violated until a trend is over. Hence, the downtrend will be over it can climb over the midpoint. So, earlier today QMZ2014 did get over the buy level, ...

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