Crude Oil: The 4 hour trend is short. Oil continues the selling seen in the previous sessions around $74. It is heading for a test of the daily chart support at 72.50 it would seem. The long speculative interest in crude oil trade banked profit recently and in doing so aided the long side of Usd near-term buying. Favor a straddle. Momentum: The oil market has a new short trend, that is challenged by the 72.50 area that continues to be main support. The 84.00 zone remains the topside number to breach. Elliott Wave: Oil is trading sharply lower, since the market completed a corrective of a red wave II) in the 79.35 region. After that, prices have taken out the low of a red wave I) at 77.00, which was the key for a strong move lower, towards 74 zone. This powerful move indicates the market is trading in a red wave III), which may easily reach the 72 zone over the next few session, before prices could easily reverse. TheLFB Trader Advantage Program is a unique product that services and supports the need of global market traders by allowing access to tradable information directly through Meta Trader 4 trading platforms. Trade Signals, Trade Plans, Market Overviews, Commodity and Futures reviews, Trend, Price Points, Breaking News,....this is the ultimate in trader support, delivered directly to your charts. The Webinar will cover an introduction to the product, and a live session of market analysis. This product is the result of 30 years of global trade experience, and has been developed to create discipline, confidence, and education. Gold Bullion: The 4 hour trend is neutral. Gold Bullion was recently trading below $1,100, and after some side-ways action in the $1115.00 area, the precious metal resumes its downtrend. Over the last two days of trading, gold has lost as much as $45, following the equity market losses. Favor a straddle

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