Today was another great day for our Premium Members! Our Midday Report NAILED the late-day short squeeze that was setting up in Crude Oil (video below), and our EOD Premium Analysis also nailed today’s high within 1 tick.
Crude Oil Reaches 101.92 Target
Here’s the EOD Premium Analysis for Crude Oil that was given to our Premium Members Monday evening. We gave our primary analysis and also wrote, “Buy stops will be let out above the 101 LVN, with a shot to reach the top of value between 101.92 and 102.20.”:
In the daily chart of Crude Oil below, you’ll notice the buy stops were indeed run above the 101 LVN, and price rallied to a high of 101.91 on the session. This move was worth over $900 per contract traded, and it reached our key target zone in one day:
Midday Report Nails Crude Oil Short Squeeze
Here’s an excerpt from our midday report for Crude Oil. Take particular note the footprint analysis at the end of the video detailing the amount of sellers that were at risk of becoming trapped in their trades. These sellers became the buyers that lifted the market during the short squeeze into the close:
Here’s how I described the setup in the MrTopStep IM PRO trading room:
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Cheers!
Frank Ochoa
PivotBoss | Own the Market
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