Yesterday’s trades
CL K17. Apr. 12, 2017. Hourly bars.
Sell: $53.70
Keyline: $53.25
Buy: $52.40
Oil made a good trading move Wednesday.
The price moved up to Nat’s sell line in the overnight market, then fell back to Nat’s keyline, a move worth about $400 per contract and relatively easy to capture.
It continued further down in a move worth another $300 per contract to close near the low of the day.