20061031 A reversal hammer pattern on crude oil. This could be the trigger for the long on the inverted H&S pattern. Long on break of 69. 

Crude Oil futures chart

20061027 Crude oil has a dominant candle 3 days ago, indicating buyers in control. With the Inside Day pattern today, we are looking for longs on breakout of today's high US61 would be a good level to long on strength. 

Crude Oil futures chart

20061026 Crude Oil basing, still looking for the inverted H&S reversal. 

Crude Oil futures chart

20061024 Waiting for the inverted H&S or crown pattern to trigger longs. 

Crude Oil futures chart

20061019 Crude oil possible inverted H&s forming. 

Crude Oil futures chart

20061018 QM count is 2 down now. 

Crude Oil futures chart

20061017 Shorts turning out good on crude oil. Profit 1.20 (US600 per contract)

Crude Oil futures chart

20061016 3rd day up, shorts taken. 

Crude Oil futures chart

20061013 Nymex crude oil 2 day up count. 

Crude Oil futures chart

20061012 Crude Oil is still in containment channel. 

Crude Oil futures chart

20061011 Crude oil count is 2 down. 

Crude Oil futures chart

20061010 Crude oil count is 1 down. 

Crude Oil futures chart

20061009 Crude Oil within the containment channel. 

Crude Oil futures chart

20061006 Crude oil now forms 'containment channel' where should trade for a while before the next breakout. (57.775-61) 

Crude Oil futures chart

20061005 A news report that OPEC was looking to cut output by 1m barrels per day drives continued rally. 

Crude Oil futures chart

20061005 Rebound in crude oil, no 3rd day of down closes, so no trade. However can look for strong buying to jump on board longs on open outcry trade. 

Crude Oil futures chart

20061003 Count is 2 down. Looking for down day today to get long. 

Crude Oil futures chart

20061002 QM continues down. Count starts at 1 down. 

Crude Oil futures chart