Thursday, May 18, 2017

Oil Heading into Friday May 19, 2017

Oil has been banging it's head on 49.54 MTS # all week. See below for the entire week's charts.


Specific Oil Analysis for Friday May 19, 2017 is at the bottom of this post.

Thursday May 18, 2017 TS TradePlan Oil Review


Wednesday May 17, 2017 TS TradePlan Oil Review

Tuesday May 16, 2017 TS TradePlan Oil Review

Monday May 15, 2017 TS TradePlan Oil Review

IF we can get over 45.54 MTS # (M=Macro) I will be targeting 50.02 TS # initial and then 50.86 - 50.68 TS # Zone which is Friday's HOS FTU (Highest Odds Short First Time Up). That is the expectation. 

FAILURE to break / hold 45.54 means we likely test Friday's Range Long / HOL FTD from above and see if buyers are found. Friday's Range Long is 49.09 - 48.94 and HOL FTD is not far below that. A break of HOL FTD and could be trend down. Not the expectation but keep in mind my # 1 rule is anything is possible at any time.

Note the above prices are for M contract. We are trading N contract Friday. 

Follow up (Friday Review) posted Saturday May 20, 2017 2:49 CT.

Friday May 19, 2017 TS TradePlan Oil Review


Precise Trading Plans and Trade Alerts for the:

Sunday, May 7, 2017

Multi-Market Review: How Markets Traded Ahead of French Elections

Friday May 5 2017 TS TradePlan Euro Review


Friday May 5 2017 TS TradePlan Gold Review

Friday May 5 2017 TS TradePlan Oil Review

Friday May 5 2017 TS TradePlan E-mini S&P-500 Review


Friday May 5 2017 TS TradePlan E-mini NASDAQ Review

Friday May 5 2017 TS TradePlan E-mini Dow Review

Wednesday, May 3, 2017

Wednesday May 3, 2017 TS TradePlan Multi-Market FOMC Day Review

Wednesday May 3, 2017 TS TradePlan Oil Review #EIA day

Wednesday May 3, 2017 TS TradePlan E-mini NASDAQ Review #FOMC day

Wednesday May 3, 2017 TS TradePlan Euro Review #FOMC day

Wednesday May 3, 2017 TS TradePlan E-mini Dow Review #FOMC day


Wednesday May 3, 2017 TS TradePlan GC Gold Review #FOMC day

 Same GC TS TradePlan Gold chart with the Private Client Feed Notes