What an amazing day in Crude Oil…and our Premium Analysis was ALL OVER IT!
After Thursday’s close I provided our Premium Members with this Crude Oil analysis, which included a ton of talk about a potential short squeeze into 48 – from both an EOD and RT perspective. And as it turns out, Crude Oil played out in exactly this way, rallying over 4 points into 48s by the RTH close, and then falling over $1 in after hours trading.
When a session has this much volatility and excitement to it, you’ve got to stop and dissect the day’s events so that they become lessons for the future.
Here’s my look at how Friday’s Crude Oil chart played out:
By the way, if you’re not already a Premium Member please take our 2-Week Trial! You’ll be happy you did.
Cheers!
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Frank Ochoa
Author, Secrets of a Pivot Boss
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