CL short term price bias with quantamental approach

I used a mix of K-Nearest-Neighbor with varying length K values for this. The data used are mostly from EIA, US production, imports, exports, refinery use, and total petroleum stocks.

Statistical outlook for the next few days: very weakly bullish.

 

day traders don't bother about those things.
we just look at Brent, WTI, Dubai, Shanghai INE crude oil futures charts.


Besides professional writers,
who actually uses those k things, refinery use, statistical outlook ....?

 

obviously not intraday traders haha.

 

Did you prune the number of variables ? What method did you use?

 

I trade CL frequently, just look at the 5 min, 30 minutes chart. World events are such that for oil, all charts are out of windows. Can the chart explain 1.69% just this morning I am looking at?

 

who looks at K thing, EIA, US production, imports, exports, refinery use, and total petroleum stocks ...?

- newbie traders
- oil refinery managers
- professional writers
- physical oil traders

 

How about a 3 minute E-Mini QM chart - with TD Sell Sequential 13 right on HOD bar with 5-34-5 Osc divergence. Too bad I was sleeping at the time:-

 

Nope, it's one of the reasons why TA is useless.

 

Euclidean Metric. No "pruning"

 

Your opinion is appreciated. Thanks.