The techincals that I use show that 74.93 was the bottom of the channel. The thing im worried about now is that it pierced the bottom of the channel. So hopefully we won't get a selloff because of that. Guess we will find out Monday.Quote from saliva:
LOL I hope you folks cleaned house today. Note that we're nearing the lower channel on the daily and I figure we'll get there more sooner than later. The question is will we get a bounce back up to the upper channel? Definitely something to mull over this weekend.
On that note, y'all have a nice weekend. Hopefully I can get up early enough to rub elbows with some of you.
CL Redux
- Thread starter schizo
- Start date
went long 72.90, oil seems oversold, large draw this week plus dollar is falling.
>took 40c, can't let profits fall back into breakeven or losers.
>took 40c, can't let profits fall back into breakeven or losers.
the drop to 72.00 today would've been a good long, but i didn't have the balls.
long 72.30, stop 72.05
i see the dollar is spiking down, thought it'd be worth a try. what symbol is brent?
edit: wow you were right, i don't have the symbol for brent up, not sure if i'm subscribed to get that. got out with 12c loss before this dip.
edit: wow you were right, i don't have the symbol for brent up, not sure if i'm subscribed to get that. got out with 12c loss before this dip.
