Crude continues to crush it

All right, folks, I had a question from a member on my thoughts on how we should be looking at and playing energy. Well, it’s not a market, we want to be short, that’s for sure it’s been on a face paling move to the upside since taking since basically breaking out of this trendline resistance back here, right here at the start of the year around 57. And we’re all the way up here at around 68 $69. Now, seasonally, seasonally, we are in pretty good shape, or looking pretty good shape here for the month of February, we have average gain of about 1.3%. It’s actually the second best month of the year, with a 60% average positive expectancy, we had a small dip in demand at the early part of the year as we had the COVID isolations that put a little bit of a damper there on demand. But now we’re seeing increased demand that’s expected to go even stronger at especially as we progress towards the spring and summer driving seasons, we see that we’re probably going to see record highs in gas, and Arbab unleaded. So if we take a look at crude and how I’m playing it, right now, I’m mostly focusing on the lower timeframes. This is not really a market that I want to buy, but it’s certainly not a market I want to short. So what I’ve been doing is going down and to the lower timeframes. And looking for some nice little intermediate swing moves, say on the hourly for our you see, we’re picking up trades, both to the sell side using our divergence indicator, a nice little move here to the sell side. And then we picked up a buy trade this morning here at around eight or nine o’clock PM, around eight or 9am right here, where we surged from 8760 all the way up to 9030. Now, and then, of course, you can go even lower, say one minute, two minute or even a tick chart to find other opportunities a little bit more action with perhaps a little bit more less risk just because the ranges are going to be a little bit tighter. So we take a look here at the two minute see that there’s been a nice little batch of setups here today. We’ve got bicycles coming in here right towards the close. We see other bicycles come in here. In the around the lunch session, you can see cell signals coming in right here. Late morning, a lot of sell signals coming in here on this trend line break after the cash open. So there’s plenty of opportunities. It’s just a matter of what time frame you’re looking at how much time you can put in front of the computer, and frankly, what you want to manage and what you don’t want to manage or how often you want to look at it. So lots of really good opportunities here in crude oil as well as the other markets as long as they’re moving. There’s always going to be something to trade. And in fact, I’m going to be doing a free webinar on Saturday, February 5 at 10am. So yes, this is something this is an event where you can literally roll out of bed in your pajamas, come see how I trade the exact method that I just showed you using one of my favorite tools, we’re going to go deep, I’m going to teach you the strategy teaches setups so you can take that and apply it to any market any timeframe. I’m gonna go ahead and hyperlink you to this page and I look forward to seeing you there.