Crude chart dictating this morning's moves

Direction First Service

Crude chart dictating this morning's moves

By Peak Analytics & Consulting — Author

Thinking crude bounces off of wave "(((iii)))" low and up to 39.13 to 39.75 before going back down.

We covered our hideous short position this morning and turned and went long via UWTI in anticipation of the continued bounce. We'll take profits at 39.13 and then look to buy DWTI (short crude 3x) at 39.60 - 39.75.

Posted to Peak Analytics' Direction F… on Mar 24, 2016 — 10:03 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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By cwmetz — 8 years ago

Excellent advice these last turbulent months...

By Don Trang — 8 years ago

Wide stop loss and small at profit taking but that's their style.

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Direction First Service