Carl Futia

Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time

Friday, February 24, 2006

Crude Oil

Here is an hourly chart showing pit trading in April crude oil futures.

The market is approaching the 63.50 target I cited yesterday. The next big move will be downward to 57.20.

Carl Futia at 1:56 PM

Share

No comments:

About Me

Carl Futia: I write two financial blogs. The first is Carl Futia.On this blog I post daily "guestimates" of the current trends and trend potential in important markets. My second blog, Carl Futia Real Time, is subscription based. It is a real time trading seminar in which members receive my real time analysis of the E-mini S&P futures and can watch me trade them. In this seminar I explain how I calculate support and resistance levels and how I recognize market "rejections" of support or resistance which then determine the current trend directions.

View my complete profile

Powered by Blogger.

Friday, February 24, 2006

Crude Oil

No comments:

Post a Comment