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| Marty's PIT Numbers |
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| PIT Session Price Levels |
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| Crude Oil VIP Chart |
We can see
the bullish price-channel has continued this morning on Crude Oil Futures and
this tells us that buying pullbacks after testing support levels below us will be
where we see the high-percentage-trades this morning. This type of market personality can be a
challenge to rookie traders because the price-action will try to push higher,
but we are at the completion of symmetry, clearly over-bought, so we need to
wait for DEEP pullbacks to ensure we get into our long trades at the best
location possible. We certainly don’t want
to buy the highs of ANY range, so stay patient and wait for price-action to
pullback off these highs and take the buying opportunity using a pullback.
We can see buy-zones below us at 96.16 and
95.15 for the best buying opportunities this morning.
Resistance levels today: 97.30,
97.54, 97.84, 98.17, 98.71
Support Levels today: 96.87,
96.62, 96.43, 96.19, 95.89, 95.56, 95.02
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