Oil – inflection points for Feb. 24, 2017

Yesterday’s trades

CL J17 Feb. 23, 2017

Sell: $55.00
Keyline: $53.75
Buy: $52.50

The overnight move in oil was terrific for Nat’s daily members … as long as they faded Nat’s calls by a dime or so.

The move started just 12 cents above Nat’s Keyline, and ended just six cents below her Sell level, a rally worth about $1,100 per contract if you got it all.

Subscribers to the trade room also had the opportunity to get the subsequent spike down, a dramatic sell-off that cost about $800 per contract in slightly more than 30 minutes.

Today’s workbook

 

Download link: (170224daily-trading-worksheet-oil.pdf, 145KB)