Looks like on that crude chart, you could have said the same thing in reverse on Jun 29 for a buy signal.
hi rick do you trade on your signals ? how come your chart does not show the spike to $62.10 overnight in Aug crude ? good luck ....
lets say someone would have traded off your original call ... I assume they would have been stopped out? would that person have been able to go short again ? guess this all depends on if one uses stops with day only prices ?