Comments on: Has a Top Formed in Crude Oil? Monthly and Weekly View http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Inside the Daily Chart of Crude Oil July 12 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209862 Inside the Daily Chart of Crude Oil July 12 | Penny Stock Trading System Blog Mon, 13 Jul 2009 19:27:21 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209862 [...] back to my earlier “Top in Crude Oil” post as well as Adam Hewison’s video “How Low Can Crude Oil Go?” to see the larger [...] [...] back to my earlier “Top in Crude Oil” post as well as Adam Hewison’s video “How Low Can Crude Oil Go?” to see the larger [...]

]]> By: Inside the Daily Chart of Crude Oil July 12 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209858 Inside the Daily Chart of Crude Oil July 12 | Afraid to Trade.com Blog Mon, 13 Jul 2009 00:41:44 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209858 [...] back to my earlier “Top in Crude Oil” post as well as Adam Hewison’s video “How Low Can Crude Oil Go?” to see the larger [...] [...] back to my earlier “Top in Crude Oil” post as well as Adam Hewison’s video “How Low Can Crude Oil Go?” to see the larger [...]

]]> By: Hewison Asks Just How Low can Crude Oil Go | Penny Stock Trading System Blog http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209847 Hewison Asks Just How Low can Crude Oil Go | Penny Stock Trading System Blog Fri, 10 Jul 2009 00:50:32 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209847 [...] Oil market yesterday which roughly squares with my analysis, particularly in my recent post “Has a Top Formed in Crude Oil?“.  I wanted to show you Adam’s video which uses a couple of extra tools and provides [...] [...] Oil market yesterday which roughly squares with my analysis, particularly in my recent post “Has a Top Formed in Crude Oil?“.  I wanted to show you Adam’s video which uses a couple of extra tools and provides [...]

]]> By: Hewison Asks Just How Low can Crude Oil Go | Afraid to Trade.com Blog http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209843 Hewison Asks Just How Low can Crude Oil Go | Afraid to Trade.com Blog Thu, 09 Jul 2009 18:15:23 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209843 [...] Oil market yesterday which roughly squares with my analysis, particularly in my recent post “Has a Top Formed in Crude Oil?“.  I wanted to show you Adam’s video which uses a couple of extra tools and provides [...] [...] Oil market yesterday which roughly squares with my analysis, particularly in my recent post “Has a Top Formed in Crude Oil?“.  I wanted to show you Adam’s video which uses a couple of extra tools and provides [...]

]]> By: sdmooks http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-213371 sdmooks Tue, 07 Jul 2009 02:52:19 +0000 http://blog.afraidtotrade.com/?p=4255#comment-213371 Corey,<br><br>Wondering if you're considering alt count,,,from <a href="http://astrocycle.net" rel="nofollow">astrocycle.net</a> <br><br><a href="http://img44.imageshack.us/img44/3913/wticm.png" rel="nofollow">http://img44.imageshack.us/img44/3913/wticm.png</a> Corey,

Wondering if you're considering alt count,,,from astrocycle.net

http://img44.imageshack.us/img44/3913/wticm.png

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-213372 Corey Rosenbloom, CMT Tue, 07 Jul 2009 00:48:08 +0000 http://blog.afraidtotrade.com/?p=4255#comment-213372 Yes - and that's my thinking with the structure. I have a hard time fundamentally (though not technically) seeing how price hits the $35 level again.<br><br>I got blasted from the fundamental traders (read some of the prior comments on the blog on my various "bullish crude oil" posts) for saying Crude was likely to rise to at least $70 back in January and February (I was right) and now that we're at confluence resistance, the odds favor downside action - but the targets aren't as clear - there was so much confluence at $70. Not so much on the downside. Yes – and that's my thinking with the structure. I have a hard time fundamentally (though not technically) seeing how price hits the $35 level again.

I got blasted from the fundamental traders (read some of the prior comments on the blog on my various “bullish crude oil” posts) for saying Crude was likely to rise to at least $70 back in January and February (I was right) and now that we're at confluence resistance, the odds favor downside action – but the targets aren't as clear – there was so much confluence at $70. Not so much on the downside.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-213373 Corey Rosenbloom, CMT Tue, 07 Jul 2009 00:45:02 +0000 http://blog.afraidtotrade.com/?p=4255#comment-213373 Then you've got a nice profit already! I don't give individualized trading advice, but if crude falls as the chart indicates it might, then you stand to make further profit - though watch your stops closely on a 2x fund. Then you've got a nice profit already! I don't give individualized trading advice, but if crude falls as the chart indicates it might, then you stand to make further profit – though watch your stops closely on a 2x fund.

]]> By: sdmooks http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209804 sdmooks Mon, 06 Jul 2009 21:52:19 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209804 Corey,<br><br>Wondering if you're considering alt count,,,from <a href="http://astrocycle.net" rel="nofollow">astrocycle.net</a> <br><br><a href="http://img44.imageshack.us/img44/3913/wticm.png" rel="nofollow">http://img44.imageshack.us/img44/3913/wticm.png</a> Corey,

Wondering if you're considering alt count,,,from astrocycle.net

http://img44.imageshack.us/img44/3913/wticm.png

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209803 Corey Rosenbloom, CMT Mon, 06 Jul 2009 19:48:08 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209803 Yes - and that's my thinking with the structure. I have a hard time fundamentally (though not technically) seeing how price hits the $35 level again.<br><br>I got blasted from the fundamental traders (read some of the prior comments on the blog on my various "bullish crude oil" posts) for saying Crude was likely to rise to at least $70 back in January and February (I was right) and now that we're at confluence resistance, the odds favor downside action - but the targets aren't as clear - there was so much confluence at $70. Not so much on the downside. Yes – and that's my thinking with the structure. I have a hard time fundamentally (though not technically) seeing how price hits the $35 level again.

I got blasted from the fundamental traders (read some of the prior comments on the blog on my various “bullish crude oil” posts) for saying Crude was likely to rise to at least $70 back in January and February (I was right) and now that we're at confluence resistance, the odds favor downside action – but the targets aren't as clear – there was so much confluence at $70. Not so much on the downside.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/has-a-top-formed-in-crude-oil-monthly-and-weekly-view/comment-page-1/#comment-209802 Corey Rosenbloom, CMT Mon, 06 Jul 2009 19:45:02 +0000 http://blog.afraidtotrade.com/?p=4255#comment-209802 Then you've got a nice profit already! I don't give individualized trading advice, but if crude falls as the chart indicates it might, then you stand to make further profit - though watch your stops closely on a 2x fund. Then you've got a nice profit already! I don't give individualized trading advice, but if crude falls as the chart indicates it might, then you stand to make further profit – though watch your stops closely on a 2x fund.

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