CL Redux

[EON Kid]

11/15/2012 11:00 *DJ DOE: US Crude Oil Stocks +1.089M Bbl In Wk; Seen +2M Bbl

 

[Visaria]

bullish report, reckon it will break the highs today...

 

[NoDoji]

We have a pretty clear Tasmanian devil formation in the 5-min time frame which means there's a 50% price will test the previous bar's high and 50% chance price will test the previous bar's low. According to my excellent trading plan, this is a signal for me to step away from my desk.

 

[Afdica]

Quote from NoDoji:

We have a pretty clear Tasmanian devil formation in the 5-min time frame which means there's a 50% price will test the previous bar's high and 50% chance price will test the previous bar's low. According to my excellent trading plan, this is a signal for me to step away from my desk.

What's a Tasmanian Devil formation??

 

[ammo]

cl 3 mo

 

[NoDoji]

Quote from Afdica:

What's a Tasmanian Devil formation??

 

[Afdica]

Are you sure that's not the "NoDoji Twist"???

 

[ammo]

sh 85 41 85 09 bid missed by a cent out .20

 

[Visaria]

Quote from NoDoji:

 

[BlueStreek]

Oil output gained for a 10th week to 6.71 million barrels a day, the most since May 1994.

In a trading range, with a bearish tint: 87.25 resistance with Middle East flaring up - until supplies are more potentially threatened, existing supplies and fragile global economy means selling into these "Romney win" and "Gaza Strike" spikes - which in some sense is bearish in itself.