Demonstrating a technique to create pivots for scalping. Works on many futures. To be used as potential consolidation and reversal levels. Not perfect, not advice, just for fun.
Looking back these big gulf storms after they pass leave a bearish sentiment. Had the storm not materialized I think we would have remained more bullish. Maybe a little more up then a lot more down is my plan
Looking like a cup and handle pattern forming. There have been a number of touches on that daily 50MA and falling trend line. Retail reaction to EIA report will very interesting
