| NoDakFarmer - 2/26/2015 13:04
The crude market is very tough for me to figure out. I've been wrong on it all year. Structurally we should at some point test the low 30's where the last buyers showed up. And the buyers at 33.20 are in jeopardy since they failed to make a HH. I was thinking of the coil as being the price action in between the buyer and seller lines.
But, you posted a 240 minute chart. The answers to your questions above won't be found on that chart. Those questions are in regards to the big formation, it will require a bigger chart than the one posted.. IMHO |