CL Redux

Quote from HuggieBear:

It is going down. Probably to $75.
I have 72 on my radar. But let's first worry about pushing this baby back down to the LOD, eh?
 
Silliness.

Nothing but terrible news in employment, housing, consumer confidence...demand numbers are terribly. Supply is way too high.


And crude is at $80, at the very upper end of its range. What would anyone think the real upside is here?

It's on a precarious perch -- won't take much to knock it off.
 
Honestly i think the only thing driving crude higher is the 22 period moving average line on my chart. Apparently that overrides any and all other factors.

lol
 
Quote from owusu:

what the heck is fueling the bulls :confused:
I believe it's merely shadowing the equity market. How ironic? I left ES because I was so damn sick and tired of in-you-face manipulation and now I find this SOB moving in lock steps with the damn thing.
 
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