It turns out, the bulls haven't made it that far. And we were ready with a game plan to take advantage of it. Let's dive in to the details of the trading action.

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The bulls keep scoring gains recently, yet how far to the north have they reached? Can they deal with the upcoming resistances? What is our plan should they or should they not overcome them? That's the key question of today's Alert. Now, here's the answer.

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Yesterday's oil session was yet another day of potentially deceptive appearances. The bears again pushed the commodity lower but the decreasing volume and significant lower knot are impossible not to notice. What conclusion logically follows?

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So it happened - oil reversed lower and we were right there. While yesterday's downswing has been partially retraced, and oil is trading close to unchanged today, there're still plenty of valuable clues as to the upcoming price action. Let's dive in to see how they reflect on our yesterday's profitable decision.

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Black gold has presented us with an eventful session yesterday. And that gave shape to our plans to proceed with opening a new position. The combination of signs is too rich to ignore - let's dive in.

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