CL Redux

90 as in 90.00, on daily. No disagreement there with the trendline, we still have to trade price, trendline gives reference point. In this case I saw it got respected twice on 6/7 and 6/11, so there is big money watching it.

Quote from Laissez Faire:

90 as in 83,90?

I think we pull back to 83,20-30 now. If not support there, then all the way down to 83.

The problem with trend lines, if I may speek freely, is that there is a subjective element added when people draw them. I could see the one on your charts drawn differently. :)
 
If we close 8375+
- with OPEC meeting to night with some drama from our OPEC paper tigers ( about quota cut statements for the sake of statements ) there may be push to 86 to night ( with little help from EURO )
 
Quote from EON Kid:

not an easy ride for bullish daytraders :(

LF ~ 90.00

Let`s see if 83-83,10 can provide support now. Think it has to do if we are to make new highs.

Average range already completed though, FWIW.
 
Quote from Laissez Faire:

Let`s see if 83-83,10 can provide support now. Think it has to do if we are to make new highs.

Average range already completed though, FWIW.

maybe PDL is the target
 
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