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TFC Commodity Trading Forum

August Crude/ Still in its Channel *PIC*

Aug Crude continues to trade in a 3 week channel. This market is still very oversold. A break out of the channel will determine next direction. The "Good Book" says after a major selloff and price forms a channel odds favour a break to the downside as the channel was nothing more than a pause in the existing trend. Bottom line: Why guess. A breakout or breakdown at either line of the channel will determine direction in the short term. Meanwhile there is a six dollar channel to trade.

Messages In This Thread

August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel *PIC*
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel/Randolf
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/N.Secret *PIC*
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ Still in its Channel/STR *PIC*
Re: August Crude/ Still in its Channel/STR
Re: August Crude/ Still in its Channel/Trades
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what? NTR
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what? NTR/g
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ Trades You said what?/Randolf *PIC*
Re: August Crude/ Trades You said what?/Randolf
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades You said what?/g *PIC*
Re: Crude/ ** Trades You said what? **T Congrats!
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ ** Trades/Silverbear *PIC*
Re: August Crude/ ** Trades/Silverbear
Re: August Crude/ ** Trades
Re: August Crude/ ** /STR *PIC*
Re: August Crude/ ** /STR
Re: August Crude/ Trades
Re: August Crude/STR *PIC*
Re: August Crude/ Trades
Re: August Crude/ ** Trades You said what?/g
Re: August Crude/ STR