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Make that 54.75 Lo tick ... 55.26 Close

BOOM! 54.94 Close

Yesterdays Uptick to 61+ was a nice entry point... not many deep retracements or conservative entries in CL...

This IHS almost looks too obvious... a little Too Sweet... could very well be a bull trap... but one has to trade what one sees... I`d like to see some quick separation here to the North... I dislike being OTM even by 5 handles... Good Luck Fellas....

From Friday ^^^ Bingo .. I Left short Handles on the table but my target shooting buy limit orders well below market price has paid off.... I have Buy Limits all the way down to 2701... 30.25... 25.25.. 20.25 have been hit to put me long as I`ve used my cover zone to put me there... looking for...

CL looking to be heading towards a 55 Print...

A retest or break of that 2600 Swing Lo will completely negate the IHS / Inverse Head & Shoulders set up... We should stay just above the 2700 floor on the right shoulder to keep this set up intact.

You can see it clearly on the Daily... Head down to the 2600 level... building out right shoulder currently.

Yup... Had a feeling you saw caught that setup too... Not sure if they`re going to count that tail in the measurement set up....

IHS measurement is a little better than 200 Handles.... That puts us at the Spooz 3K level.

..+75.25 .. Perhaps a bit early but I don`t usually tinker with preset parameters when there is complete clarity. Looking for this Right shoulder on IHS to build out & form a floor to get Long via IHS

Preset Buy cover hit here at @ 40.25..... from R3 2815.50 Cost/ Sell Basis..

As forcasted on Thursday .. we kissed the 2815 Level again & then continued to slide on Friday down 50 Handles from 2815- R3 swing hi to a 2764.50 print. LOD... Took some heat at the close as i`m looking to close position under 2750 level with buy covers preset..... IHS building out Right...

LL on Globex ... Right Shoulder build out off IHS... down to 2725 zone or lower.

Apologies to mbondy.. I was way harsh on you,man ... stick around, all good!

If We get a retest of the Swing Hi`s & deeper thrust into the 2815-2825 zone... It will be a gift for Shorts...

We can slide down near 2700 Support here,, as a matter of fact, I`d expect us to ... & still maintain this powerful IHS... Bullys have the wheel & are in charge in the bigger pic as noted.

We closed at R3 2815-25 .. Noted back on 10/31... Exactly at the Neckline of a potential powerful IHS... after 7 consecutive updays... Ideal pull back zone as the magnetic pull on Fibs continue to work their magic! This was the ideal Sell Zone .. Ideal zone to have layed them out.

You haven`t been here long enough to have seen my live call & daily PnL..going back to 2006. As a matter of fact, you offer Nada here.. except criticizing those that disagree with your amateur opinion of direction.. Instead of trying to behave like a know it all.. shut your pie hole & learn a...

Fib Confluence Chart...