yesterday DUMP early hours then PUMP then DUMP is fresh in people mind.
Here are few possible Configurations for today ...
A) if lots of retail guys are taking LONG , Hedgies may try
- show 110 first today ..
- then 113.75
B) 113.75 frist then 110
C) Chop between 113.0 and 112.0 .
so far it looks 113.75 first then DUMP ... let us see
- another factor is where they plan to CLOSE CL today , that is also important factor which ONE is Frist
- another factor is EURO and S&P , CL price action will try to Allign with these 2 some time ...
Here are few possible Configurations for today ...
A) if lots of retail guys are taking LONG , Hedgies may try
- show 110 first today ..
- then 113.75
B) 113.75 frist then 110
C) Chop between 113.0 and 112.0 .
so far it looks 113.75 first then DUMP ... let us see
- another factor is where they plan to CLOSE CL today , that is also important factor which ONE is Frist
- another factor is EURO and S&P , CL price action will try to Allign with these 2 some time ...
Quote from InvestVision:
We are at 112.50 level
today we are likely to see both 111.0 and 113.75
which one is first ? that is million dollar question![]()