CL Redux

[Blubaru_555]

DX broke a trendline starting from 8am this morning, we should see CL go up (hopefully!!). long from 76.00, 20c stop

edit: out 75.95. need to sit back and relax and wait for a break out

 

[Picaso]

(To the market): Make up your fucking mind!

 

[Picaso]

Fake breakdown (say, 20 ticks) and then short covering till close?

 

[Blubaru_555]

was that breakout coinciding with the Apple iphone fix news?

 

[Picaso]

Quote from Blubaru_555:

was that breakout coinciding with the Apple iphone fix news?

yep

But we're still in downtrend

 

[Blubaru_555]

we need to break the triangle starting from 9:30ish

 

[Blubaru_555]

this is killing me quite literally

 

[EON Kid]

Quote from Blubaru_555:

this is killing me quite literally

If it could go up it would, CL's just waiting for the ES NQ tide to turn, about now I think

 

[Picaso]

Quote from EON Kid:

If it could go up it would, CL's just waiting for the ES NQ tide to turn, about now I think

Yes, I think everybody in the equities is thinking "down", but recalling what happened yesterday in the pm, plus option sellers would certainly like to see this close somewhat higher (not necessarily a reversal, but at least a nice retracement)

 

[Picaso]

(sim - past my deadline)

short 76.10 (sep)