CL Redux

[Picaso]

Quote from Holey Grail:

I'm looking for another break to the upside--it's sort of triangulating.

Chart, please - thank you

 

[Holey Grail]

Quote from Picaso:

Chart, please - thank you

I was looking at the 5 minute from 10:30 ct to 11 ct, after that the ascending triangle broke down.

 

[Holey Grail]

Quote from InvestVision:

CL/Brent spread $1 up , Brent down 45 ticks vs. CL up 55 ticks
- seems CL is running on EUR strength where EUR is 100 points UP

- If S&P shoots up another 5 points from this 1302 level , we can CL breaking 108.50 barrier else it can collapse ...

Yeah, I could see that, but it's hard to jump on a downside breakout with the 20 EMA on the 5 minute right there.

 

[Picaso]

Buy the potential EMA rebound and target the HOD or sell that triple bottom to the POC?

 

[InvestVision]

short 108.27 ( JUNE)

 

[InvestVision]

out .39

Quote from InvestVision:

short 108.27 ( JUNE)

 

[InvestVision]

short 108.88 parked

edit: got short at 108.81

 

[Picaso]

Short .72

Laaaarge stop

 

[bigsnack]

vol spike

 

[ammo]

cl