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Wanted to show this nice little setup from the crude pits today. We broke out of a corrective channel, which told us it was ready to resume its trend (down). Proceeded to come backtest the underside of the channel line where it was rejected. This is a money trade.
Tuesday, July 7, 2009
Crude
Wanted to show this nice little setup from the crude pits today. We broke out of a corrective channel, which told us it was ready to resume its trend (down). Proceeded to come backtest the underside of the channel line where it was rejected. This is a money trade.
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