Wednesday, February 29, 2012

Thursday Evening Crude Chart update

Today's roller coaster session took us from over 108 to below 105.. 107 appears to be a rather sticky.. over CL seems strong.. below.. well weak. The chart below highlights a H&S should formed over the yellow 1 hour up trend.. once 108.40 broke on the right shoulder the rest was history.

30 min zoom CL