CL Redux

if u draw a weekly downtrend line from may highs,you will see todays supp,then go to daily and draw a supp line from june 28,res is around 97.14
 
Quote from ammo:

if u draw a weekly downtrend line from may highs,you will see todays supp,then go to daily and draw a supp line from june 28,res is around 97.14
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The question is will it stick this time? That support you alluded failed miserably last month. It appears that CL is merely shadowing the equity/Dollar market these days and I ain't so sure they've stabilized just yet.
 
all the currencies are wacked,and about to take a severe beating,this euro,greek,spain, mess along with u.s. and other large countries who they are keeping out of the news,all hell is about to break loose,i think they are holding it off so they can collect there monthly option exp manipulation expiring worthless credits and then woosh,i guess that might make oil pop...dont know
 
Quote from ammo:

if u draw a weekly downtrend line from may highs,you will see todays supp,then go to daily and draw a supp line from june 28,res is around 97.14
More...

I can't locate the line. Can you post a chart?
 
Quote from JoshDance:

I can't locate the line. Can you post a chart?
More...
lost my charting laptop last nite ,cant get it to reboot,sorry...looks like june 27 and jul5 lows on the daily for supp turns to res on breakout above weekly line,i'll come back for the weekly line week of apr 4 and jun 6 tops for broken res line turned to supp
 
Quote from JoshDance:

I can't locate the line. Can you post a chart?
More...
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