Crude Oil – Break up to the upside for almost 200 points
There was a fantastic move today on the Crude Oil market. I had an order 5 points above the resistance line and when it broke, it just flew. I only managed to take 100 points but the market has shot up to 8922, that's a huge 170 odd points move so far! What you'll find with oil is when you get these sort of moves, they are huge and you can expect a few hundred points. I'm sure the price actionwill take us higher now that the price action is also above the 20 day Moving Average on the Daily Ch