Oil – inflection points for Apr. 11, 2017

Monday’s trades

CL K17. Apr. 10, 2017. 30-minute bars.

Sell: $52.85
Keyline: $51.80
Buy: $50.60

Oil moved up from Monday’s close in the overnight market, and continued up to Nat’s sell level as the time moved closer to the day session open.

The price stalled there for most of the day session, moving back and forth across the Sell level before moving up to close near the high of the day,

There was a short trade possible for trade room subscribers, but the profit was small and the exit ambiguous.

Overnight traders were likely stopped out.

Today’s workbook