Friday, March 20, 2015

3-20 CBOT report.

CRUDE Analysis
There was big jump in short crude contracts compared to last week. Today we saw crude jump up more than $2, so it could mean that today's move may not last. As the chart shows, it correctly $1 after reaching $47.40 to $46.22.




E-mini Analysis
Both long and short dropped. The Emini went past 2100. Its hard to say where it may go, I'm eyeing the 2179 level. If it goes up another 79 handles or 3.76%, I will consider a short.




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