CL Redux

[EON Kid]

Quote from Laissez Faire:

I don`t think we`ll see a bottom in crude until ES is finished filling the gap below from yesterday. :eek:

could be more of a W type day if this 8570 level holds

 

[Laissez Faire]

Quote from EON Kid:

could be more of a W type day if this 8570 level holds

Testing the 50% level and prior day`s HOD now. :eek:

 

[EON Kid]

Quote from Laissez Faire:

Testing the 50% level and prior day`s HOD now. :eek:

good one, possible down trend day

 

[Laissez Faire]

Quote from EON Kid:

good one, possible down trend day

Average RTH range for the last 20 days is 150, taking us down to yesterday`s 50% level at 85,50.

I think I will sit on my hands and wait for a possible bottom if ES goes for the complete gap fill.

 

[Laissez Faire]

ES 3 points shy.

Dollar move on CL at 30.

Not yet, longs.

 

[Laissez Faire]

2 dollar move here. Let`s see if 85 is support.

ES taking a breather.:eek:

 

[Laissez Faire]

84,75 then.

 

[InvestVision]

add 8494

Quote from InvestVision:

long 8600

 

[Laissez Faire]

Quote from Laissez Faire:

84,75 then.

To the tick.

A limit order in advance with a 10 tick stop would not have been stupid.

227 cent range, but still a strong trend and we had a 303 cent range at the start of last month, so it may happen again.

A 274 cent range the prior day.

 

[Myshkin]

long here, 84.73