Some Energy

IPE Gas Oil

The daily chart of Apr Gas Oil (diesel) completed an H&S bottom on Wednesday. Factor is long. I entered this market because its horizontal neckline and right shoulder were clearer than the necklines and right shoulders on the Brent and WTI charts.

(Click on image to enlarge)

RB Gas

I bought RB for the Factor Prop Account.

(Click on image to enlarge)

Brent Crude

Different charting techniques can provide a slightly different tactical implementation. The RealRange neckline (red) was violated on Wednesday, the H/L/C chart on Thursday. Factor is flat.

(Click on image to enlarge)

Factor Membership is now available, including a quarterly option.  You could consider your membership in the Factor ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.