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From my earlier post i cited 74.80 as resistance. Well that turned into support and the market came back down to test it and up it went. I was not here to take it , but its worth noting how support and resistance work in the market.

We got the weak move back up and I got three signals to short. The first was a stop out for -10 ticks, but i got back in on the other signal and recovered that plus some extra. Chart is attached.

A weak move back up towards the high and Res area could setup a short trade for me.

75.30 on CL was important Res yesterday. Look like its pulling back a bit from there.

CL is strong, no setup to short the resistance triggered. I'll need to see some weakness to consider a short trade.

74.80 resistance on CL, we should see a pullback from there. Possible short trade up there

CL went back down and tested the support again. The support held and we took out the high. Was a good long trade there, but I didn't take it. A nice setup right at support.

CL pulled back to just above the support are reaching 74.29 and triggered a long on my setups, so i took it. I got 6 ticks on 1/2 and it got sluggish on the up move so i moved my stop on the other 1/2 to entry and got stopped out. I see some topping action now so a reversal trade could be...

CL was moving pretty good so i switched a smaller time frame and took a bull flag formation that held support for a quick 6 ticks on 1/2 and 12 ticks on the other 1/2

Oil Support now at 74.20, I'll be looking to buy near there if it sets up.

ES came back down to the old res now support. It tagged 1130.75 and bounced. Unfortunately I didn't take the trade, I got one trigger but didn't have the other and I wanted both to get long just to be sure. Can't win em all.

ES just busted thru the resistance area 1130-1131, I may be buying a pullback to old res now support if it sets up right.

That was a big move from the resistance level at 75.30 . It dropped to around 74.30, that is $1000.00 per contract. Here is the updated chart.

Sorry Chart didn't attach to last post.

Well my 75.30 was hit and I got short at 75.16 on my trigger. I took 7 ticks on the 1/2 and got 19 ticks on the second 1/2. That was perfect setup and its continuing to go down testing the lows, left a lot on the table , but cant complain. Chart is attached.

I see resistance in oil at around 75.30, not sure we will get there again, its selling off pretty good. If we do i'll look to get short , not chasing though.

I got short at 1135.75 and took 1 pt on 2/3 of the position and took 2.50 points on the other 1/3. The chart is attached.

Looking to possibly short the es at around 1136

75.70 was taken out and no trigger to short there. A few attempts to stay above it did not prevail and it broke down. I took two long trades when I saw they were trying to hold above 70 both were stop out -10 ticks. I shorted on the break down and recovered 15 ticks. The chart is attached.

Looking at 75.70 area for a possible short