Oil – inflection points for Feb. 22, 2017

Monday’s trades

CL J17 Feb. 21, 2017

Sell: $54.15
Keyline: $53.70
Buy: $52.75

No profits from oil yesterday. The market reached Nat’s sell level early in the overnight session, and blew right through both it and her second sell level.

Traders monitoring Nat’s trade room had a decent opportunity to get short in the day session. Overnight traders went home with a cold in the head.

Today’s workbook

Download link: (170222daily-trading-worksheet-oil.pdf, 145KB)