Market Overview: Crude Oil Futures The Crude oil futures market is in a 13-week trading range. Poor follow-through and reversals are more likely within a trading range. Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction. If the bears get follow-through selling next week, it will increase the odds of a […]
Emini Tight Bull Channel Up, Wedge Bear Flag
Market Overview: S&P 500 Emini Futures The S&P 500 Emini futures move up from the October low is in a tight bull channel up on weekly chart. It also has 3 pushes therefore a wedge bear flag. Since the October low, the bull bars are big closing near their highs, while the bear bars had […]