So, end of September starts the Oil selling season. Will the big traders squeeze a move to $64, or will the range from August cap the move? Taking a shot short at $56.50-57, then if stopped out look for a final blow off move.
Three factors; Seasonals are positive for the next sixt weeks, we broke down through two standard deviations of the channel and reversed higher, and our Momentum Reversal signal flashed a buy (Trade genius Money maker). This is a tradeable event. Now go and search the components and select the trade that fits your criteria.