Don't let Crude Oil fool you, buy support after the big drop

135 views · Published 23 June 2011 · 3:52 · Indexed 8 November 2026

Channel: Joseph James Trading With JJ · 2011 · Education

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http://www.sidewaysmarkets.com/2011/06/dont-let-crude-oil-fool-you-buy-support.html

We had an exciting day of trading this morning with Crude Oil and Gold dropping to new lows after the FOMC meeting gave the Dollar some much-needed strength.
We got a BIG CLUE at 900am this morning that told us Crude Oil was going to reverse off the lows, and it certainly did, helping us earn over 250 ticks of profit this morning.
What was that clue?

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