Crude Oil challenging again

[Handle123]

Am looking for higher bounce to sell more crude/hedge

 

[mikeriley]

Crude still has some of the best trends on the 4 hour chart.
All I use is patience.

 

[maxinger]

For day chart, I look at the day range histogram. It can easily exceed 0.8 point (1%)
ie good for day trading.

 

[schizo]

Crude still has some of the best trends on the 4 hour chart.
All I use is patience.

View attachment 341991

Except that, if you back out, it gives a totally different picture. Anyway, where do we go from here? Continue up or reverse?

 

[SunTrader]

"(gives the pundits on EliteTrader time to say "Yeah, we knew about that too"),
as they try to stay relevant."

FYP

 

[murray t turtle]

Except that, if you back out, it gives a totally different picture. Anyway, where do we go from here? Continue up or reverse?

View attachment 341998

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NOT an auto sell just because all charts here are down\ open to close LOL
40% buy on XOM,CVX;
+16 % buy front month contract .
50dma +50 day parabolic time price is a sell;
but XOM+ CVX below 50dma also. Oil stock ETFs dont move much on wed, usually.