WTI Crude Oil (TRENDSURFING - with the help of the model)

Friday was another reversal day as WTI went up $2.38 or 4% with an average ATR that produced good trading opportunities on the up side.

No reversal today as WTI went up 88¢ or 1% with a below average ATR that produced haphazard trading opportunities.

WTI went down $1.21 or 2% with a low ATR that produced good trades mainly on the down side.

WTI went down 96¢ today or 2% with a below average ATR that produced a few good trades but the majority on the down side.

WTI went up $1.81 or 2% today with a slightly below average ATR that produced average trading opportunities.

WTI went down $2.44 or 4% today with a high ATR that produced good trading opportunities on the down side.

WTI went up 40¢ or 1% today with a below average ATR that produced good trading opportunities.

WTI went up 36¢ or 1% today with a low ATR that did not produce good trading conditions.

Yesterday I thought that the low ATR did not produce good trading conditions. Actually this was good compared to today since the ATR was not even half of the 10-day average. The result is that WTI went up 23¢ with no trading perspective due to the extremely low ATR.

WTI went up 46¢ or 1% again with a low ATR that didn't translate into good trading opportunities.

WTI went up 31¢ or 1% with an average ATR that produced some good trades up as well as down.

WTI went up 82¢ or 1% today with a very low ATR of 94 that produced mostly long trades.

WTI went up $2.29 or 4% today with a very high ATR that produced nice long trades.

WTI went up 57¢ or 1% today with a very low ATR that produced hard trading conditions.