This event-based pattern from our bias alerts has favored the longs in the Crude Oil market.
Day - Wednesday
Opening Gap Direction - Up
Market Status - Crude Inventory Report is due today
Instrument - CL - Light Sweet Crude Oil
Trading SetUp - Long
Market Trend - Bull
Trade Type - Intraday Entry
Entry - 9:00 am ET (Market Open)
Exit - 2:30 pm ET (Market Close)
Note: Most tests/studies are done going long using Future Indices. This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments. Make your comments and ask your questions below.
Click the "Sign Up" button below to receive the DailyiQ messages in your email inbox immediately as they are released.
Click below to share with your friends or colleagues
