CL Redux

Now I know all that push to 8640 was with FED QE expectations and dropped after Fed news with disappointment ( case similar to GOLD ) .


From yesterday 8390 , it would have been good case to go LONG on a day before FED announcement for $1 to $1.50 gain ...

I did not keep track of this coming FED meeting .. For Crude it seems we need to keep track what is coming in next couple of days and plan ...

Quote from InvestVision:

any news for this rise today other than 4 MM draw down in crude stocks ? did I miss any news
More...
 
Quote from InvestVision:

Now I know all that push to 8640 was with FED QE expectations and dropped after Fed news with disappointment ( case similar to GOLD ) .


From yesterday 8390 , it would have been good case to go LONG on a day before FED announcement for $1 to $1.50 gain ...

I did not keep track of this coming FED meeting .. For Crude it seems we need to keep track what is coming in next couple of days and plan ...
More...

Good points all around. A little correction though - There was no fed meeting today, rather minutes of the last meeting were disclosed. Cheers.
 
Quote from EON Kid:

GM

Gap down and rally? a 6E rally may pull CL up a dollar
More...

doesn't seen to be much buy interest (in anything) , if we lose Mondays low 8425ish it will be very bearish
 
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