CL Redux

[ammo]

so a res supp scenario on a diff time frame to coincide with the if eur drops to supp line idea , brings in 94.66 and 92.5

 

[Laissez Faire]

Quote from tomahawk:

94.50 is the line in the sand IMO. I'm thinking 95.17 wants to be tested if it breaks out. (updated previous chart) ...

Why 95.17?

Why not Friday`s lows?

 

[tomahawk]

Quote from Laissez Faire:

Why 95.17?

Why not Friday`s lows?

Or that ...

Needs to break out of this small flag here though. Pit stop (or more?) @ 50% avg range.

 

[Laissez Faire]

Quote from tomahawk:

Or that ...

Needs to break out of this small flag here though. Pit stop (or more?) @ 50% avg range.

Yeah.

88 cent swing here without a significant retrace. May want to pull back some.

Then again, we had a few larger swings last week. The maximum swing at 167 cents before retracing more than 40 cents.

 

[Laissez Faire]

Time to smoke some shorts, I hope.

EDIT: Sorry if anyone here is short.

 

[Laissez Faire]

Could be seeing a double top here if we don`t push through now. May have to see a decent pullback before pushing higher.

 

[EON Kid]

an old interview to pass the time


http://www.scribd.com/doc/54452721/Interview-Constance-Brown

 

[Laissez Faire]

Thanks, Kid! Bookmarked.

Looks like a short term top here. Just not sure how much we`ll pull back.

Higher by end of day though. Quite sure.

 

[Laissez Faire]

If higher, then possible reversal at 50? More likely 30?

If 30 does not hold, then watch out below after all?

 

[tomahawk]

Quote from Laissez Faire:

Yeah.

88 cent swing here without a significant retrace. May want to pull back some.

Then again, we had a few larger swings last week. The maximum swing at 167 cents before retracing more than 40 cents.

Thanks for the details LF. (meant to post earlier, got sidetracked).