Once again the headlines trumpet panic and confusion globally.
Those headlines, as I’ve stated often here, are designed to keep one OUT of the markets by creating confusion and delay (using ‘logical’ arguments as the anti-investor ‘tool’ of choice).
Moments like those that occurred on Friday, (when approached strategically) offer early warning of what’s-to-come when it comes to price movements.
Crude Oil is a 24-hour global market of significance. KNOWING what’s happening internally with it’s price structure is a critical factor in seizing profit opportunities.
Let’s apply one of our trading analysis tools (The Excalibur Method) to Friday’s price action to show the hypothetical results one might have realized using this approach as our intra-day strategy.
Today’s and yesterday’s examples of Friday’s price moves are the type of moves that can go a long way towards recovering funds lost while trading without such an effective methodology as The Excalibur Method.
‘Tis the Season” to take a real holiday from market confusion and start taking control or your own trading destiny?
Please note that I can only process just so many orders in the coming days & weeks and the special price will be withdrawn at the end of this time period. So, get to the head of the line by ordering today. A year is a long time to wait for these special prices to come around again!!
Crude Oil prices have now entered a crucial price zone. In fact, prices have hit what I call a ‘Wall of Time’ which makes further sideways price movements difficult to sustain.
As to what will follow for Crude Oil prices, that’s reserved for the private members section of this post.
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Prices can only verify a reversal to the upside by closing on a daily basis above $82.50.
Expect prices to drop dramatically again with $76.50 as a support price target initially should the low of 5-days ago be taken out.
– George [/private_WD Gann Trading Secrets Group]
To read the Article and view the Charts; click on the chart below: