Crude Oil Blowoff Up Move

Wednesday: November 8th, 2017

These kind of days happen … but thank God … they don’t happen all the time.

Futures Crude Oil Day Trading Chart: This Chart SAYS It All … ๐Ÿ™‚

There isn’t much I know that can be done when you see this kind of day trading day. What I can tell you is they don’t happen very often, but they are VERY significant points in time.

What I can tell you is this is a TURNING point that will lead to lower prices until the BUYERs step back in to take back control.

Humbly speaking now, I fully expect the Crude Oil Market to see 50 dollars a barrel before we see 58 dollars a barrel.

These are the kind of positional trades I put on in my “trading account” outside of Topstep Trader.

So what I believe will happen now is we go down from this point to close to 50 dollars a barrel.

Special Opportunity in Crude OIl: $50 before $58 a barrel now! 6.5 to 1 Profit Ratio

 

See Special Opportunity Swing Trade:ย https://123daytrade.com/special-opportunity-swing-trade/

 

 

Good Trading,

Dave Knight
TradeCraze

P.S. Extra Charts I Collected for the Trading Day in Crude Oil:

 

 

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TradeCraze
SOHK - School of Hard Knocks at David M. Knight

I am a 25 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.


About The Author

TradeCraze

I am a 25 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.