CL Redux

Quote from trackstar:

might need to take out the high first. IMO it still has one more breath.
Look at the daily and you will notice that we bounced off the major support on 2/22. We can only go up from here. I'm betting on 85 for the moment. But just why I keep shorting this beast is beyond me.

Although I didn't suffer too much today, I'm writing off this day in history as a major failure.
 
I'm not liking this little uptrend we have going I'm out. My guess is we have another day like this tomorrow which will bring us close to the daily trend line and then it will go to 85 or make a higher high. Either way my strangle sure does like days like this so I think I'll take my profit on that so today doesn't feel like a total waste.
 
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