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

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