CL Redux

BCE · Jul 5, 2011

Quote from BCE:

L .48

Out @.78

JoshDance · Jul 5, 2011

Quote from BCE:

I see what it's doing but don't understand the run up. Thoughts?

Fundamentally, I have no clue and it doesn't really matter--but once it broke 95.80ish, that's a very key level for long-term traders who were looking to buy a break of that significant resistance. What caused the move up to that level, again specifically, I have no idea...

BCE · Jul 5, 2011

Quote from EON Kid:

ex 9658

Good one. WTG

BCE · Jul 5, 2011

Factory orders coming up in a few. See what that does.

Read more: http://www.briefing.com/investor/calendars/economic/2011/07/04-08/#ixzz1REt0Ph9b

BCE · Jul 5, 2011

# 10:01a

April orders revised up to 0.9% decrease

# 10:01a

U.S. factory orders rise 0.8% in May

About what they expected thus no big move.

startraitor · Jul 5, 2011

Down from here.

Visaria · Jul 5, 2011

Quote from Visaria:

Long 9540, 50 t stop.

I'm in a drawdown at present, 6 consecutive losses.

St moved to b/e

BCE · Jul 5, 2011

FWIW it has the EIA crude inventories report listed as 11 AM EST tomorrow and not 10:30. May be because of the holiday.

EON Kid · Jul 5, 2011

SS 9691 .1 s

rev 9695

JoshDance · Jul 5, 2011

Quote from BCE:

FWIW it has the EIA crude inventories report listed as 11 AM EST tomorrow and not 10:30. May be because of the holiday.

That's Thursday at 11AM, EDT. Yes, because of the holiday.