CL Redux

02/06/2013 10:30 *DJ DOE: US Crude Oil Stocks +2.623M Bbl In Wk; Seen +2.9M Bbl

02/06/2013 10:30 *DJ DOE: US Crude Oil Stocks +2.623 Mln Bbl At 371.685 Mln Bbl
 
Quote from Badeco:

This pullback is an amazing move !
Not that is matters, but curious to understand some explanations !

Why is it amazing? The trendline for the last month was broken it should have gone to 94. I suspect shorts were taking profits at 95 and then things kind of snowballed from there. I of course had an sell order at 97 like a moron that didn't get filled.
 
Quote from riskaddict:

Why is it amazing? The trendline for the last month was broken it should have gone to 94. I suspect shorts were taking profits at 95 and then things kind of snowballed from there. I of course had an sell order at 97 like a moron that didn't get filled.

What I find quite amazing is the pull back from 95 to 97...
 
Quote from Badeco:

What I find quite amazing is the pull back from 95 to 97...

lol sorry for the misunderstanding.

The broken tl is around 97.60ish at this point so a retest could be possible. At which point I will be dropping the gauntlet on this bitch.
 
Quote from riskaddict:

lol sorry for the misunderstanding.

The broken tl is around 97.60ish at this point so a retest could be possible. At which point I will be dropping the gauntlet on this bitch.

rotflmao.gif
 
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