Friday, August 30, 2013

CRUDE OIL - BULL TREND

OCT'13 CRUDE OIL

Market State - BULL TREND

Technically the MKT remains in a positive position above the 106.73 DP [DOWNSIDE PIVOT]. Expectation is for the MKT to maintain positive momentum and trend higher. Use trend following tactics and the Price Map to identify opportunity to participate in any new leg higher.107.83 is the KEY DIRECTIONAL PIVOT for the session.


BULL TREND - OPTIMAL STRATEGY