Intraday Action in Crude Oil

Looking at the crude oil market, we can see that it was wedging up in the overnight session.Let’s take a look at price action in this market, seeing if it is around support or resistance levels. As with any market, we want to minimize risk if we do see an entry present itself.



For more daily updates from Austin, visit his blog at Coiled Markets.

This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.