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: May Crude/Continues to Bump Resistance

Trades,
Since my bias is to the downside, I'd short it close to 105.00 - right at the trendline. Seasonals aren't working this time around. I'll have a tight stop on the sob, just in case it breaks up hard over 105.00.
The chart makes it nice and clear here!