Tuesday, November 2, 2010

Crude Oil #CL_F #QM_F : Flash Update

Crude Oil is making a run at a new recovery high as the trade plan and wave analysis called for.

Current Trade Summary: Assuming a trader entered near or at the termination of w.e as described in my opening Flash Alert http://elliottwavelive.blogspot.com/2010/10/crude-oil-flash-alert-for-october-29.html



Entry 2 contracts @ 81.45

Short Term Contract - Sold @82.025

Long Term Contract - Open

Protective Stop - moved to 1 tick below 82.675

Best of Trading

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