CL Redux

[Picaso]

Gold making new record highs

Euro bouncing back

Good luck/skill everyone.

 

[BCE]

GM Kid

Hmmm Small range so far.

ADD Is the bull getting tired or just taking a brief rest?

 

[BCE]

Silver's near the HOD.

 

[BCE]

DX is weak again. Here's a daily chart.

ADD Trying to spot the trend. Hmmmm.

 

[BCE]

Quote from BCE:

Silver's near the HOD.

So far silver tested the high and dropped. It may take another run but it's had quite a jump out of the LOD on Wednesday.

 

[BCE]

Chop shop so far.

 

[Picaso]

Quote from BCE:

So far silver tested the high and dropped. It may take another run but it's had quite a jump out of the LOD on Wednesday.

They've raised margin reqs again to over 14,000 USD and it's up 3%. That should mean something.

 

[InvestVision]

yesterday CL showed this kind of weakness for about 40 minutes , then showed quick $1 pop to 113.95 then DUMP ...

today showing similar weakness let us see..

ADD: today they may do a variation that is ..

- take it to 113.45 then
- dump from there to 112.00
- then pop to 114 by EOD

Quote from InvestVision:

Here is my usual speculative hat ...

- Assume today close is 114+ level ... , the day play will have both of these

- test of 111.75 and
- test of 113.75 ( correction )

which one is first in next 2 hours ?

Ideas ...
---------

ADD:

1/ that quick drop to 112.60 level may be TRAP to get new SHORTS to show 113.75 soon

2/ or will it pause before taking us to 111.75 ?

Now general mood is CL weak ... so in this case to give surprise it could be above 1/

 

[BCE]

Good observations P and IV. Something's bound to happen. It always does.

 

[Picaso]

Most large prints hitting the bid: HOD already in place?