CL Redux

A) Stay around here at 1

B) go back to 2 (or a little below, but positive for the day) or

C) new lows for the day, breaking down 111 to say 110.50-ish?

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Thanks, Dave & IV
 

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Quote from Picaso:

Are we at about 50% average volume?

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I have this weird feeling that today Nodoji is having lunch in front of her computer :D :p

She don't eat lunch, lunch is for wimps...lol
 
Quote from Picaso:

Are we at about 50% average volume?

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I have this weird feeling that today Nodoji is having lunch in front of her computer :D :p

1/2 to 2/3 of average daily volume already
 
CL follows it's own indicators ( geo-political , hurricanes etc.. )on certain days but other days it looks forward to equities and EURO/USD ..

I think today is that other day .

anyway Thrursday 70% of day volume is around 111.50 , so today drop is more conforming to that fact ...

today 113 + setup was played well by big boys to trap new Shorts around 112.50 level , very similar trap action played last Monday ...
- day in day out these TRAPS are played with out anybody noticing it till after that fact , that is why we reward these big boys for their skill :D

now PA hugging around 111.70 , very same action as Thursday , convince many retail traders there is big reistance at 112 , have the shorts lock-in then all of the sudden we are at 112.45 .. we have to amaze at their skill :D

Quote from Picaso:

A) Stay around here at 1

B) go back to 2 (or a little below, but positive for the day) or

C) new lows for the day, breaking down 111 to say 110.50-ish?

---

Thanks, Dave & IV
 
Quote from Picaso:

Long for the breakout at 112.01 anyone?

Alphonse_gaston_small.jpg
 
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