CL Redux

Quote from Speciaul_K:

API inventory numbers come out at 4.30est every tuesday. They give a general concensus on the what the DOE #'s will be on Wednesday. They numbers are not accurate because the reporting data collected by the api is not mandatory like the doe #'s
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Gotcha, thanks. Where can I find the numbers released by API. The API website requires paid subscription. I'm not that crazy about the specifics to actually pay for it. :p
 
Quote from saliva:

Gotcha, thanks. Where can I find the numbers released by API. The API website requires paid subscription. I'm not that crazy about the specifics to actually pay for it. :p
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In not a member of their website either. I do use this website:
http://countryhedging.com/commentary.asp
The usually post the API numbers 5-10minutes after they come out in the "Afternoon Energy Wire" .. They didn't yesterday for some reason though.
 
I'm not too sure whether technical patterns like head-and-shoulders apply to this market. My observation so far makes me think it does not. Anyway, i see an IHS forming in the AH session. Could we get a melt-up from here? Not that it really matters since I hold no position tonight. Still I'm hoping for it to travel north so I can hitch a ride south when it does turn.

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This is a classic V and almost always results in an upward move.

Btw I have exited all my shorts initiated at 80.10 at 70.80 for 30 ticks profit per lot
 
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