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FriscoTrades

Crude Oil channeling

Long
Light Crude Oil Futures (NYMEX:CL1!)  
FriscoTrades Updated   
NYMEX:CL1!   Light Crude Oil Futures
Parallel Channel Support and Resistance Oscillators Oil cl!
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parallelchannel supportandresistance oscillator oil cl!
An eye on CL! light crude oil - Bottom of channel and volume shelf. Aroon and Williams indicator showing signs of a reversal as well.

Trading the XOM October Calls.

Break of Channel could imply move down to the 200 MA
Comment:
Respecting then channel so far, nice green reversal candle bulls stepped in right on cue :)
Comment:
Bounced perfectly :)
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