CL Redux

Quote from blox87:

DX is up this morning so I'm cautious on the upside and favoring shorts at this point.

SS 83.58
SL 83.80
T83.15

Discretionary trade

Closed early at 83.48 +.10c
 
Quote from EON Kid:

Looks like a strong break out to me, but CL does do crazy things.

I also think euro will continue to rise.

interesting to note the DJIA and nasdaq at April highs

I show strongest hourly volume since July, fwiw. I think 92 by my measure, in the short long run.

Also, the MACD shows down, but price action is sideways-up, which often means the instrument is trending, and going to get another leg up. Just a thought...

Edit: Also, the COT report is quite bullish
 
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