Tuesday, September 15, 2015

Thoughts and #CL_F Levels for Tuesday, September 15, 2015

Thoughts and #CL_F Levels for Tuesday, September 15, 2015SocialTwist Tell-a-Friend


CLV5 is also in a consolidation wait mode pattern like the overall stock market ahead of the FOMC rate hike decision. CLV5 is now in a perfect set up for a USO strangle while between 46s-43s and especially while trading at/near 44.  


The USO strangle is also being confirmed at the Daily center Sigma and a 50/50 scenario for either 17s or 11s. If CLV5 breaks above 46.05 then above 48s post the FOMC rate decision I will favor a bullish scenario, or if a breach first below 43.35 then below 40s I will favor a bearish scenario.


Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC

Disclaimer and Terms of Service

© Copyright 1998-2023, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, Naples, FL 34112, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Analytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.