CL Redux

I thought with that ADP report this thing would have broken out but I guess equities are holding it back or maybe weak expectations for inv # after last week's mess. I see so many support areas we need a big woosh just to get back to the all important 98.50 area.
 
Quote from riskaddict:

I thought with that ADP report this thing would have broken out but I guess equities are holding it back or maybe weak expectations for inv # after last week's mess. I see so many support areas we need a big woosh just to get back to the all important 98.50 area.
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Are you short?

Was trading QM again, for some reason. But I'm off it. Not enough leverage = not enough profit for the work involved. It can work to leverage into things, but I'd rather just trade this straight up.

We'll see what we get in a few with the EIA number.
 
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.2 million barrels from the previous week. At 329.7 million barrels, U.S. crude oil inventories are in the upper limit of the average range for this time of year. Total motor gasoline inventories increased by 2.5 million barrels last week and are above the upper limit of the average range. Finished gasoline inventories decreased while blending components inventories increased last week. Distillate fuel inventories increased by 3.2 million barrels last week and are in the middle of the average range for this time of year. Propane/propylene inventories decreased by 1.0 million barrels last week and are in the middle of the average range. Total commercial petroleum inventories increased by 3.4 million barrels last week.
 
Quote from EON Kid:




I now get the dow jones news from my Ameritrade Apex account, which gives me many services free including free news, which would otherwise be $25 month.

To be an Ameritrade Apex customer you need to have $100k account or just 5 trades a month over a 3 month period, but it seems once you qualify you're always an Apex client.


However Dow jones news is more general news,
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Newsstrike.com realtime free news
 
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