CL Redux

Quote from mfbreakout:

dxy above OR high, euro below OR low along with es and CL in the middle of no where.


since A up was not confirmed. 89.50 is no good for me unless something changes like dxy pulls back hard
 
Quote from mfbreakout:

since A up was not confirmed. 89.50 is no good for me unless something changes like dxy pulls back hard


They making fun of traders who wanted to go long 89.26 area. 89.44 all market gave.
 
Quote from riskaddict:

Nice DC I missed getting filled at .40 by 2 ticks:mad: Now looking to short at 89.80 with a stop at 90.35

welcome back RA!

i took a peek at USO and it was right at R1 and top range of OR.
 
IMO we need to go further down for the real demand.. does not seem like enough here in the 80s. Not enough participation at the top previously for me to think it's longer term short, 90.50 at least seems reasonable, and quite possibly 91.60, if buyers are more motivated.
 
Can't see us getting above 90.50 with these crappy numbers but if we did since fundamentals are after all meaningless 93.25 is the ultimate short set up and where I will be dropping bombs on the bulls!
 
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