The Official EminiForecaster forecast for the trading week ending November 21st has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to rise next week all week.

Cycling above the 2034 area is bullish, below it is bearish. We are currently in a neutral mode.

The volatility has been declining in recent days which is bullish and at about 11.5 points per day.

Our projections for the coming week are showing 2061 above and the low end is showing 2010 as a potential target. This method operates on about the 70% probability level over time.

Monday, an open below 2035 is bearish. An open above 2037.75 is bullish. In between these levels is neutral and ranging is more likely.

We have a fairly busy report schedule next week with reports on each day but Friday.

EMF Team

P.S.  If you are interested in trading crude oil or learning about oil trading, visit http://OilTradingRoom.com