CL Redux

enochbenjamin · Feb 11, 2010

Quote from Speciaul_K:

Does this usually happen toward expiration?

i have never paid attention - if i have time i'll try to go back and observe.

enochbenjamin · Feb 11, 2010

Quote from enochbenjamin:

Thought this might be of interest to some. We have divergence in the accumulation of short positions and rising price. I don't know when, but she is gonna fall hard.

Just to clarify a few things on the chart:

CLH0 Daily Chart. The bottom is Cumulative Volume Delta.

schizo · Feb 11, 2010

Quote from enochbenjamin:

Thought this might be of interest to some. We have divergence in the accumulation of short positions and rising price. I don't know when, but she is gonna fall hard.

If we were to close right now, I'm pretty damn sure we will fall hard tomorrow.

On that note, let's do a halftime huddle. What's the HOD and LOD for the day?

EON Kid · Feb 11, 2010

Doesnât even give you a pullback to jump on, ever since every mofo started trading this

EON Kid · Feb 11, 2010

Quote from schizo:

If we were to close right now, I'm pretty damn sure we will fall hard tomorrow.

On that note, let's do a halftime huddle. What's the HOD and LOD for the day?

For LOD I see 73.40

usman88 · Feb 11, 2010

Quote from usman88:

Added longs 74.45 No SL at the moment

Quote from usman88:

Added more 74.20

Exited all at 75.30 avg for 95 ticks profit per lot

schizo · Feb 11, 2010

Quote from EON Kid:

For LOD I see 73.40

By how things are unfolding it looks like it. For the high? 75.70 anyone?

usman88 · Feb 11, 2010

And I stand by my earlier statement
We are going into 76

Speciaul_K · Feb 11, 2010

Quote from schizo:

By how things are unfolding it looks like it. For the high? 75.70 anyone?

Im looking at HOD 7560-7580

nassau · Feb 11, 2010

we just got caught here on that last move

based upon volume would say that was a nice short squeeze.

total retracement on half the volume down

I'm looking for another lock down before months end

w