CL Redux

Quote from BCE:

Good observations P and IV. Something's bound to happen. It always does. :)
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No sh*t! :D


Quote from DonCorleone:

we may have a f/u candle on 10 min chart. let's see how it follows thru.
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How do you trade that.

Edit: 3 to 1 that das Kid makes some graphic joke :D
 
It looks to me more like first 112 level ..

reason being say the EOD will be upside , so DUMP first so that you can set the psyche then you can POP by EOD

based on yesterday theory ( say Hedgies decided yesterday will be Down day ahead ) so first PUMP ... then trap LONGs .. then dump . This is what they did yesterday

So far Hedgies are punching only CHOP Bot on their IPAD for every 5 minutes :p

Quote from InvestVision:

yesterday CL showed this kind of weakness for about 40 minutes , then showed quick $1 pop to 113.95 then DUMP ...

today showing similar weakness let us see..

ADD: today they may do a variation that is ..

- take it to 113.45 then
- dump from there to 112.00
- then pop to 114 by EOD
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Silver's falling off a cliff. Decided to observe it a bit more today as it's so volatile. Did a few SIMs only. Every tick I guess is $25. That's a lot.

ADD corrected the tick value to $25 per tick. Still a lot as it's 10 times more volatile than CL.
 
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