From the PivotBoss Premium Trading Room, Frank Ochoa (AKA PivotBoss) provides his analysis for Crude Oil on May 5, 2017 during a developing Rejection Day, and forecasts a swing move to 48.75 and beyond. Here’s the live analysis that Members of our Trading Room got first hand.
We had a great day in the PivotBoss Premium Trading Room today, and the source of the excitement was our familiar Absorption Signature, which developed in Crude Oil and ultimately helped us identify a great trade with stunning precision on the entry, and each of the targets. Check out the video…
Today was a super active session in the market, which led to an exciting morning in the trading room. We captured a ton of great moments from today’s room for our Replay playlist for Premium Members, but I thought I’d share the following video for everyone to see. This video includes our morning analysis for Crude Oil, and also shows how we identified the mid-morning long liquidation before it began to sell off.
In case you wanted to see how we called the morning short squeeze in Crude Oil, you’re in luck! Our Premium Members asked me to make this video available for replay at the Dashboard, but I also thought it would be nice for everyone to be able to see the types of analysis we use to identify certain moves in the market.
In this video, you’ll learn how to identify, measure, and trade a bull flag, which can help you identify and trigger highly confirmed momentum trades.