Day Trading Crude Oil Update

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Day Trading Crude Oil Update

Yo-yo kind of day in the crude oil futures market today. I kept looking to go short and the market would retrace and refill all of my entries.

The market did go down to 61.8 percent retracement for the week … but not overall … there is a lot more down in my humble opinion still left to go once we bust the seal.

What goes up … must come down to some degree.

Good Trading,

Dave Knight


drewhart2 says:

Dave, what do you think of Bitcoin? You’ll be able to trade it on the CME very soon.

Dick Mazen says:

another great vid, big day today Dave..Crude Oil Inventory. Will you use the CL Pit Strategy?

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