Friday, 12 June 2015

Crude Oil (CL N15) continued plus Wheat, Cocoa and Dax/Equity futures and the development of the long term topping out pattern

For full PDF trade report + P&L for week ending Friday 12th June : Press here

Wheat: W N15

 Long term monthly chart reveals the past pivots ( 1-9) and their  effect on the future. These are only a few of the pivots and their multiple inter-relationships which are i believe are the matrix through which price moves.


 Cocoa.



Dax displaying weakness

 Horizontal long term ML's seen in study below offer high probability support/resistance levels.
Crude Oil (CL N15) as per previous posts

 again horizontal high time frame median lines offer superb trade entry levels

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