CL Redux

[Laissez Faire]

No trades for me until after the report today.

Will attempt to catch the dollar swing that more often than not materializes at or shortly after the report.

 

[ammo]

cl supp area? 86.75 bid add .70..add 65 offer 87,small nip above on chart 87.06

 

[ammo]

chart

 

[EON Kid]

Quote from ammo:

cl supp area? 86.75 bid add .70..add 65

I'm watching for 85 ish weekly TL from 2009 lows. Unless we get a glaringly obvious reversal


Indexes down trending, shooting for new monthly lows

 

[ammo]

Quote from ammo:

cl supp area? 86.75 bid add .70..add 65 offer 87,small nip above on chart 87.06

avg 75 out 60,72-65 ledge may be res

 

[Laissez Faire]

Nice 125 cent swing. Why did I not catch it?

Unless ES breaks support, I think CL will chop around here into the rapport.

 

[Laissez Faire]

Average range almost reached. Looking for a long entry now.

If price confirms.

 

[ammo]

long 44 on this dollar chart, 25 cent stop..out 48

 

[EON Kid]

05/31/2012 11:00 *DJ DOE: US Crude Oil Stocks +2.213M Bbl In Wk; Seen +0.1M Bbl

 

[JMC]

Quite a move up there. Are we seeing a possible trend change w/ rally into the close?