Linda Raschke(@LindaRaschke):Crude had first close below 5 SMA, but it also was a 3 bar breakout mode (which trumps retracement trades). But it failed to get range expansion to downside, and is now a solid example of a bracketing market (false breakouts up and down as it consolidates.)

Linda Raschke

@LindaRaschke

Private Trader, Retired top performing hedge fund manager, in New Market Wizards, 2024 IFTA Lifetime Achievement Award. Street Smarts & Trading Sardines author.

가입 March 2009

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Linda Raschke@LindaRaschke

2026.09.17 17:04

Crude had first close below 5 SMA, but it also was a 3 bar breakout mode (which trumps retracement trades). But it failed to get range expansion to downside, and is now a solid example of a bracketing market (false breakouts up and down as it consolidates.)