CL Redux

[Laissez Faire]

Quote from tomahawk:

Glad to hear it! I've tried to remember never let my guard down or get over confident, b/c she'll slap us around when we least expect it. :eek:

Solid advice.

Can`t be sloppy with this biatch.

 

[tomahawk]

CL wants to hideously die but it's sure taking it's time. 92.20-.40 coming, IMHO.

 

[riskaddict]

It's really been a great month to be alive! But all good things eventually come to an end. Taking a month off and cleaning the rust off the golf and shooting games!

I'm not saying it won't go to 86 but... We all know the fundamentals of the dollar haven't changed in a week.

 

[EON Kid]

Quote from tomahawk:

CL wants to hideously die but it's sure taking it's time. 92.20-.40 coming, IMHO.

good call hawk

 

[tomahawk]

Quote from EON Kid:

good call hawk

Thanks.

To quote a famous ET trader:

Quote from EON Kid:

if only I made as much as my calls

 

[EON Kid]

Volume shifting to July CL



http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

 

[tomahawk]

Thanks for the heads up. Still looks like >2:1 Jun vol vs Jul. I'll probably switch over tomorrow.

Whaddya say EK, p/d low in play?

 

[EON Kid]

Quote from tomahawk:

Thanks for the heads up. Still looks like >2:1 Jun vol vs Jul. I'll probably switch over tomorrow.

Whaddya say EK, p/d low in play?

yeah, prolly a break to 92

 

[Laissez Faire]

Nice double top at the 50% retracement level there. Good setup for the tool box.

Now support at the 50% of the last leg up towards the 50. I`m thinking we`ll probably slide a little lower than that.

 

[Laissez Faire]

Possibillity of putting in a higher low here now.