Dislikednice chart life,
Notice what started this entire move down in oil. a bearish outside bar at an extreme high.
huge fortunes have been made in this down move. I mean HUGE.
I know a guy that has a 3 year old daughter and he purchased leap put options off of this bar in HER retirement account. leaps are just options with a lot of time left before expiration
That little girl now has more sitting in that account than most 65 year olds do when they retire.
never ever forget that knowledge is power. it can be used for good or bad...Ignored
Indicators show the past. Price Action "Indicates" the future.