Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Interested in automated trading with Mirror Trader?
Commodity Analysis: “Given extremes in Crude COT and the fact that the recent rally failed near the 2012 high, I’m finding it difficult to treat the decline from the recent high as a 4th wave.” Nothing has cleared up on a near term basis since the 8/2 failed run at the highs.”
Commodity Trading Strategy: Flat
LEVELS: 100.68 102.21 103.78 104.61 105.59 106.28
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.