Monday, November 28, 2011

November 28th, 2011: Low Eminent in Crude Oil?


Hello Traders,

As I look over today's trading in the Crude Oil Market .... was there one specific time the "Smart Money" was at play?

I would argue around 12:30PM Eastern time today ... VOLUME spiked higher than I saw it on the trading day ... this could only be the Smart Money covering SHORTs and starting to go LONG at this point.

It looks like it took about 4 waves of selling to get in position, but then the market went UP!

Watch them like a HAWK!!

Good Trading,

David 'Tiger' Knight

Oil surges as risk appetite returns - Commodities - Futures Magazine

Oil surges as risk appetite returns - Commodities - Futures Magazine