Friday, November 30, 2016 Morning Crude Comments from MB
Hello. I like selling $54.20 today risking .20 to make .50 also selling $54.50 risking .20 to make .75. I also like buying $53.40 risking .15 to make .50 and buying $53.05, risking .20 to make .50.
$54.50 (***) Third Higher Target + Best Resist
$54.27 (**) Second Higher Target + Better Resist
$54.04 (*) First Higher Target + Resist
$53.80 (*) Early Pivot
$53.60 (*) First Lower Target + Support
$53.38 (**) Second Lower Target + Support
$53.04 (***) Third Lower Target + Support
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC