Oil – inflection points for Feb. 28, 2017

Monday’s trades

CL J17, Feb. 27, 2017. 30-minute bars.

Sell: $54.95
Keyline: $54.55
Buy: $53.60

The price struggled to reach Nat’s keyline overnight, and fell back after the day session opened.

Overnight traders (and trade room subscribers) had a good entry level, but the exit was not well-defined.

The full move, on a day with relatively little volatility, was worth about $500 per contract.

Today’s workbook

[MM_Member_Decision membershipId=”!(3|4)”]

Sorry. This information is reserved for upper-level subscribers only.

[/MM_Member_Decision] [MM_Member_Decision membershipId=”(3|4)”] [gview file=”https://www.naturus.com/wp-content/uploads/2017/02/170228daily-trading-worksheet-oil-Copy-Copy.pdf”] [/MM_Member_Decision]

 

 

Comments are closed.