Oil – inflection points for Apr. 17, 2017

Thursday’s trades

CL K17. Apr. 13, 2017. 30-minute bars.

Sell: $53.65
Keyline: $52.70
Buy: $52.20

Oil traders could have stayed in bed Thursday and not missed a thing.

The price struggled back up a little from the prior day’s close but by the time most overnight traders got ready to take a position the oil futures were firmly stuck in No-man’s Land, bouncing back and forth in a narrow range between Nat’s sell level and her key line, without approaching either.

There were no good intraday swing trades available in oil Thursday. .

Today’s workbook