Oil – inflection points for Apr. 21, 2017

Yesterday’s trades

Sell: $52.50
Keyline: $51.80
Buy: $50.30

After a spectacular crash Wednesday that took the price back to the March lows, oil futures settled into a narrow-range consolidation area yesterday.

The price never approached any of Nat’s inflection points and there were only brief scalping trades available to trade room subscribers.

It was a profitless day for oil traders.

Today’s workbooks

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