CL Redux

Truth be told, I could give at least a dozen excuses why the market fell today. There's never a shortage of excuses. Hence I suggest you keep it simple by allowing the chart to dictate your actions. It's all in the price.
 
one thing that puzzles me is the negative oil inventory number.

remember the coldest spell for that weekend? I was exepcting a big increase of inventory for the week covering the coldest spell (from Saturday to Friday), but you never know what number they were cooking. Something just didn't add up!
 
Quote from BPtrader:

one thing that puzzles me is the negative oil inventory number.

remember the coldest spell for that weekend? I was exepcting a big increase of inventory for the week covering the coldest spell (from Saturday to Friday), but you never know what number they were cooking. Something just didn't add up!
More...
Try to answer this puzzling question. When the price of crude crashed from $140 down to $35 last year, how come my gas and electricity bills did not fall by 75%? They actually went up!!!
 
wasn't there a build in gasoline inventory? There was only a slight draw down in oil. Iran wants to start producing more China might be a shame and there is a shit load of inventory this smelly shit could go into the 60's if if the dollar relationship means anything. But if the trend is my friend its still pointing up. The sweet nectar comes between 75 and 69!! If I say there is no way it goes below the 200 day ma it will I'm fing wasted so don't listen to any of this. Have a great weekend!
 
Was going to put together data for correlation with Indi and inventories release figures and likely direction based on indi's values at time of release... but will do this later didn't have time to do much more... but will do later

Date Open Close Change Hi-Lo Forecast Actual DOW

21-Jan 7762 7580 -182 250 2.2 -0.40 -228
13-Jan 8148 7964 -184 333 1.2 3.70 34
06-Jan 8157 8271 112 228 -0.4 1.30 32
30-Dec 7865 7928 63 98 -1.7 -1.50 -21
23-Dec 7337 7660 323 333 -1.9 -4.90 10
16-Dec 7065 7316 251 270 -2.1 -3.70 7



Edit
Can't seem to get formatting to work!
Will post a excell file when finished if anyone's interested.. Seems number matters but big Indi moves down take over!
 
its starting to mirror ES again and that makes be sad. hopefully its just temporary. This makes risk management a pain in the ass for me. Does anyone else take this into consideration or do I worry to much?
 
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