Oil – inflection points for Apr. 6, 2017

Yesterday’s trades

CL K17. Apr. 5, 2017. 30-minute bars.

Sell: $51.75
Keyline: $50.85
Buy: $50.05

After very flat trading in the first two days of the week, yesterday’s trading offered excellent opportunities for both overnight traders and subscribers to the trade room.

The price moved up from the previous close and reached Nat’s sell level at the beginning of the day session.

It stayed there long enough to give everyone an opportunity to get on the trade, then dropped straight down to her keyline.

Anyone who missed the exit had a second chance when the price returned to the keyline for the close. The full move was worth about $900 to those who got all of it.

Today’s workbook

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