Looks like the day low may be in. Looking for a nice long entry from here, I think. 
CL Redux
- Thread starter schizo
- Start date
Quote from tomahawk:
Possibly. I could see another .75 or so lower based on the hourly, but maybe up to ~ 92.20 before that. Of course anything's possible.
That may very well be, sir.
Currently, looking like a larger double top here at the 50%.
If we don`t take out that level now, then maybe we make new lows?
Clearing the HOD now. 92,71 for a 100 cent move. Looking at a possible reversal from there, if not here.
Quote from Laissez Faire:
Excellent 50% reversal there.
Sometimes they simply work like they should.
You and your 50% reversals, lol. I don't read this page much, but i remember your handle cause which trader can't see the greatness of a completely laissez-faire free market capitalist society. That said, every time i read a message by you, these words are contained there in:
"50% reversal"
Clever observation.
Maybe I need to change my handle to, Mr Fifty Percent?
They do work though.
I actually perceived that as a bullish sign, but who knows. Maybe we`re working a larger flag here.