CL Journal

[donnap]

Very good, hier (pronounced higher).

 

[Buy1Sell2]

Very good, hier (pronounced higher).

Looking good hier. Staying Long both Oil and Oil stocks.

 

[Buy1Sell2]

Haven't posted here in a while but I maintain long bias rolling long each month. I expect much higher prices.

 

[Buy1Sell2]

Pricing @ 58.23 . Great day today. Looking for higher prices. If we were to close below 55 I would consider reevaluating.

 

[_eug_]

I may be shorting if we get close to 60 again. Depending how it looks.

Looking a bit like distribution over the last few weeks...

 

[Buy1Sell2]

I may be shorting if we get close to 60 again. Depending how it looks.

Looking a bit like distribution over the last few weeks...

I do see the decidedly megaphoned shape on the daily that may correspond to your analysis. However, I believe the longer term trend to be upwards and think we'll break out to the upside.

 

[Buy1Sell2]

Market has been in a long term uptrend since Feb 2016.

 

[_eug_]

Thats true but Im thinking we will correct nicely if we fail to breach the 60 level again. Plus bulish momentum is fading on 4 hour and daily.

 

[Buy1Sell2]

Thats true but Im thinking we will correct nicely if we fail to breach the 60 level again. Plus bulish momentum is fading on 4 hour and daily.

That's what makes a market. Differing opinions. Correction would be ok though and then a rebut if timed properly.

 

[Buy1Sell2]

Good looking uptrend continuation here. Staying Long