CL trading day October 20 2017 PM

20.10.17 08:45 PM By bernard - Comment(s)
4-Day balance and gap opening... At the open we had the following contextual factors :
  1. Gap down ( 51.28 )
  2. 3-Day balance ( 51.28 balance low )
  3. Overnight inventory short
  4. Prominent POC from yesterday
  5. Weak market based on yesterday's profile
  6. Overnight inventory pivot at 51.08
  7. Two consecu...

CL trading day October 4 2017 PM

04.10.17 08:46 PM By bernard - Comment(s)
Oil inventory release day ... CONTEXT
  1. 2-day balance. ( 50.73 - 50.07 )
  2. Poor High from yesterday. ( High of balance )
  3. Poor Low from yesterday.
  4. Overnight inventory was ambiguous.
  5. Opening inside yesterday's range.
  6. Very prominent POC from yesterday.
  7. We have re-entered weekly and monthly ...