CL Redux

Quote from Visaria:


2) ridiculous discount to brent, needs to narrow,

Why don't you see 110 today?
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I agree fully that the spread needs to narrow, hence I think that brent falls of a cliff, and CL will decline slowly

Of course - like you Im talking up my own position :p
 
Another case of stop-itis, damn!

Would have re-entered, but Team Sweden (if you know what I mean) got me distracted... jeeeezzzz :D
 
Quote from Picaso:

Another case of stop-itis, damn!

Would have re-entered, but Team Sweden (if you know what I mean) got me distracted... jeeeezzzz :D
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pic plz :p
 
Quote from startraitor:

Should be a snapback to 107.50 area
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I'm not so sure (for today), pictures looking more bullish



what's with the low volume today????
 
Quote from EON Kid:

I'm not so sure (for today), pictures looking more bullish



what's with the low volume today????
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No real conviction either way! its a great day for scalping 7-12 ticks moves continuously in all this choppy movement

BTW - WTI has been in an 183 tick range for the last 5 days! Thats pretty narrow considering the levels we are at, and the historical volatility of the product.
 
Quote from EON Kid:

I'm not so sure (for today), pictures looking more bullish



what's with the low volume today????
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How low? 90K April + 30K May

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Kid: I know, meant to say that May is starting to suck some of the volume out of April
 
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