I also recall a day that CL stayed in a band like this till the close after a strong run up.
I would take an upside breakout though.
I think the day you're thinking of is 0730
looks like this 30 point band may contain the action till the close :eek:
I'm gonna do 10 for 10 :D
(that is my trading method btw - 10 for 10 invented by EON Kid)