
A moderately successful day trading the Oil futures, at least for intraday traders, but stopped out in the S&P500 mini-futures for a modest loss. The price moved significantly past Nat’s short entry level in the ES, a rare occurrence, likely related to end-of-month window-dressing. Here are today’s charts. OIL The oil futures dropped in the early session but halted the decline obediently at Nat’s Control line, before bouncing back to virtually unchanged on the day for the close. Aggressive intraday traders could have gotten part of the first move down toward … Continue reading