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Close 85.84

No, I was ready to execute but I couldn't pull the trigger :(

Long 85.73

Waiting on an opportunity to go long... ;)

Waiting on an opportunity to go short...

Hey guys, sorry, I was taking a break from the S&P for a bit and was trading crude oil instead, I made one big swing trade and have been taking a little bit of a break. I haven't been liking the price action on the ES so much but am going to be monitoring it more closely to try to get back into it.

I looked at almost every year since 2003, it seems that from late-January early February to about mid-April, crude oil always rallies for the spring driving season, I'm waiting on one more pullback then think I might go long mid-term, what ya'll think?

This seems like positive, it's slightly less than expected and not signficantly more, should we not be going higher?

Out 92.50 :D (from 87.50) Jeez, a little bummed out I had to take out half at 85.50 from 87.50 for a loss, a big loss, but the run-up to 92.50 made up for it, I made a profit on this trade but I would have been good for the entire year had I not taken out half. However, had I not taken out...

Why

Thanks man :) No, your comments were much appreciated

Shoot, I wish I didn't have to sell half how I did but it was almost necessary to ensure not taking a huge hit, I'll still profit at my original target. With this big jump in oil can we say we out of the bear's woods? :)

87.50 is where I'm long from, ouch. I just closed half out at 85.50, I'll buy the half back in if it declines some more. I mean how much lower can it go?

Well, oil just went south of 85.51, selling half now. Schizo, I think the 140 to 40 was an extreme case considering it was while we were in a severe recession.

I have a significant long position and I'm down, if oil goes below support of 85.51 I'm going to take out half and buy the half back in at a lower price, if we breach 85.51, we're headed toward 81?

How likely do you guys think it is that we hit 81 before we go back up? Will CL go back up to the 90's?

How low can oil go in the next month?

Why is the U.S. stocking up so much oil?

Anyone think we'll start going back up now to the 90s or we have lower prices to see?

stopped 87.05