CL Redux

Quote from schizo:

So did ya like the chop fest? It's gonna be one downright boring move from here on. So, let's see. How about give or take 10-ticks from where we are now at 84.50 (CLM0).
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So what do ya say? Do I get a candy? :D

Now that we ended the day as expected with a chop, I'm feeling pretty good about this market going lower next week. Y'all have a nice weekend!
 
schiz works late, why learn him and work late.
last night when I got up around 1:00am, I peeked the market, I saw Schiz. schiz was pondering about the odd of the massive breakout. he works hard. I remebered monday he spent almost 2hours to get out around 1:00am? I am a true believer of hard work. I wish I have this trait.



Quote from NoDoji:

You really screwed up. Did you not see my announcement yesterday that I'd be out of the office today? Do you not realize that when I leave my office (whether to pee, make tea, have a bite to eat, go to an appt, help a friend, whatever) the market drops significantly and takes everything with it???



Schiz, when you saw me post this yesterday why didn't you tell me to short 10 lots CL and cover when I returned later today???
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Quote from schizo:

Like I already said, i don't believe we'll break below today's LOD. But, God forbid, we just might gap lower on Sunday night. Then you're really screwed. :eek:

Just my worthless 2-cents.
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Not exactly gapped lower but it did take out Friday's low.
 
It does seem destined to fail.


On my daily chart i have a long term trendline with support around 80. I've barely used long term trendlines on CL so it may be bullshit, but I'll be looking to get long starting at 82 scaling in toward 80.
 
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