Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Dec Crude/Crawling up to Resistance/S.Bear

It's the gaps that drive me crazy. It's like cornering a market and just as you are about to shoot it jumps over top of you. But yes SCO is setting up nicely for a jump up for sure. Nice pattern and positive technicals as well for some time now. Not much wrong with the chart. And notice all the moving averages coming together like last Sept. A break over that short downtrendline would do it as well.