We have SELLS into the following level 7071.
Longer Term lower Daily Targets below should be respected to 57.
Patience, as CL will continue to Whipsaw.
We have been successful scalping the SELL and buying the lows
near Price Objectives to see them reverse and trade to Micro
and Intra-Week Targets.
Frankly, we're using Futures Options on CL with correlated price
to bid. It has been far easier to set brackets within the range.
Most of our attention has been on the NQ trading 30min, 1Hr, 2Hr
candles with large size prior to EU close.
The afternoons get dangerous as the Algos quickly accumulate
chasers at lows to punish then again and again.
CL/RB have seen even wilder price actions in Range.
Best to remain patient as the whipsaws can be dramatic, using
preset orders in OCO/BRACKET to complete entry/trade.
Good Luck, CL FRYday is almost here.
Longer Term lower Daily Targets below should be respected to 57.
Patience, as CL will continue to Whipsaw.
We have been successful scalping the SELL and buying the lows
near Price Objectives to see them reverse and trade to Micro
and Intra-Week Targets.
Frankly, we're using Futures Options on CL with correlated price
to bid. It has been far easier to set brackets within the range.
Most of our attention has been on the NQ trading 30min, 1Hr, 2Hr
candles with large size prior to EU close.
The afternoons get dangerous as the Algos quickly accumulate
chasers at lows to punish then again and again.
CL/RB have seen even wilder price actions in Range.
Best to remain patient as the whipsaws can be dramatic, using
preset orders in OCO/BRACKET to complete entry/trade.
Good Luck, CL FRYday is almost here.