alleytrader

oil, cl, day trading for Sep 18th

FX:USOIL   CFDs på råolja (WTI)
Oil has had a good sized moves off the big spike up and is now right on top of the upper side of the prior distribution, a drop into this lower distribution should see oil back trading in the same range it was for the last couple weeks. A bounce off this range could see us form a new larger distribution 58 to 63 range.
Today will be watching close for impulsive moves that I can grab a follow through move from.
Join my day trade room for live signals or I do my best to update here around the time of the trade.

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