SLACLAMT

[dbphoenix]

I see. Two bounces off that mp area does not bode well for a short.

Depends on what you expect out of the short.

None of this may mean anything, of course. For now I'm just playing.

 

[niko]

My view, I included in the daily some very famous boxes a great guru discovered .

 

[niko]

Seems like the SL visible in the 15 min charts and above is being broken.

 

[dbphoenix]

Seems like the SL visible in the 15 min charts and above is being broken.

It appears that it won't be making a third trip to the mean, so let's see if it makes it back to 110.

 

[Clint]

the Nasdaq trading in a 15 point range for a few days will get you looking elsewhere for some movement!

I am slowly working through everything, but I have found that CL behanves quite nicely with the lines. 80+ tick swings off of retracements are realistic...when there are war drums beating you can definitely get some more movement out of it.

I plotted this channel on the weekly about 3 weeks ago.

 

[dbphoenix]

the Nasdaq trading in a 15 point range for a few days will get you looking elsewhere for some movement!

I am slowly working through everything, but I have found that CL behanves quite nicely with the lines. 80+ tick swings off of retracements are realistic...when there are war drums beating you can definitely get some more movement out of it.

I plotted this channel on the weekly about 3 weeks ago.

Too bad I didn't start this thread sooner. We might have seen that price was coming at 106 from two different directions and done something with it today.

 

[dbphoenix]

Looking toward 96 or 116 today. I have no idea which.

 

[workwithus]

50% retrace level of bear move on 60m cl.

 

[workwithus]

30,40 and 50% retrace levels of bull move on 1m cl

 

[workwithus]

45% retrace of bull move on 1m cl