Crude Oil challenging again

Am looking for higher bounce to sell more crude/hedge

 

Crude still has some of the best trends on the 4 hour chart.
All I use is patience.

 

For day chart, I look at the day range histogram. It can easily exceed 0.8 point (1%)
ie good for day trading.

 

Except that, if you back out, it gives a totally different picture. Anyway, where do we go from here? Continue up or reverse?

 

"(gives the pundits on EliteTrader time to say "Yeah, we knew about that too"),
as they try to stay relevant."

FYP

 

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NOT an auto sell just because all charts here are down\ open to close LOL
40% buy on XOM,CVX;
+16 % buy front month contract .
50dma +50 day parabolic time price is a sell;
but XOM+ CVX below 50dma also. Oil stock ETFs dont move much on wed, usually.