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CL Redux
- Thread starter schizo
- Start date
I will agree its bearish if today closes out with a 1.00 range or closes lower. But if we get a lower close it will have to take out low of week by eow.Quote from NoDoji:
Daily chart, approx double top, followed by very quick break down thru the 20-day MA, bumped its head near there on the attempt to bounce and failed. Short term breakdown signals, long term uptrend still intact.
It looks like everyone is waiting on the number with a miniumal amount of buying. It doesn't look like a big move is going to happen prior too.Quote from cstfx:
With EIA @ 10:30, can we expect any action before then - safe to walk away from the computer, or does it sometimes swing around before those numbers are released?
If it matches last nights numbers, can we expect anything significant, or does it have to exceed those numbers to get a reaction out of traders?Quote from Speciaul_K:
It looks like everyone is waiting on the number with a miniumal amount of buying. It doesn't look like a big move is going to happen prior too.