CL Redux

Quote from Blotto:

Orders were in at 35 but no fill. hit market.

Long 41 counter trend trade tight stop expecting 15 cents.

Out 58 +17 thanks.


Expect next price .75, then sideways.

Market getting tired now - thinking of calling it a day.
 
Quote from Blotto:

Out 58 +17 thanks.


Expect next price .75, then sideways.

Market getting tired now - thinking of calling it a day.

75 hit now! Howzat!?

Finished making predictions. Hope you guys enjoyed.

This was 10.18 EST. Pay close attention.

Quote from Blotto:

lots of short covering - enough to stop this move dead. Considering that there has been some good accumulation down here also.

If you traded massive size you'd need to be taking your profits into the falls as the selling came in. In addition to short covering - large traders taking in short lines at a profit, there was also enough accumulation of the remaining supply leading to the gentle drift upwards we are seeing now.

This is bullish.
 
I added at 84.8, averaging price at 84.95.
looks the same pattern, will hold on for the 85.5 PT


Quote from Blotto:

You have been averaging down longs in a weak market and now you leave them unattended with a limit a dollar higher?

I hope you have a stop!
 
being tough, take what I want, not what the market gives me. the markey may give loss, that is I do not want!

will be green, and very green at the closing


Quote from trader198:

I added at 84.8, averaging price at 84.95.
looks the same pattern, will hold on for the 85.5 PT
 
Quote from trader198:

being tough, take what I want, not what the market gives me. the markey may give loss, that is I do not want!

will be green, and very green at the closing
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Quote from startraitor:

Should be testing .26-.27 again.

Ive been thinking that all day, my shorts havent worked out though. I think we chop around the rest of the day.
 
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