March 24, 2017

  • Crude oil bulls trying to hold above 47 levels. Mild strength if price is able stay above 48.48 and 50 Period SMA shown in 4 hour time frame. Unable to stay above this moving average may lead to a breakdown below 47 levels.
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore