Quote from Pekelo:
Nice, but as you know at some point, you have to take the profits. I would take that 230 points right now and reshort tomorrow at 10 am...
Quote from marketsurfer:
oh yeahhhh! nailed very nice down wave, holding shorts here in YM.
looks like JJ and P.logic will come to understand that charts show the past and that this game requires much more than chart analysis.
may i suggest a discerning eye focused on libya for clue about oil and not constant tic charts-- ( shhhh you didnt hear that from me)
surf
Quote from marketsurfer:
you believe consolidating for a trip up, right? just want to re-confirm.
surf
Quote from ProfLogic:
No, I don't predict.
I read, I execute and I ride.
Current eMini Crude short range is 99.200 (Resistance) and 96.525 & 96.200 (Support).
Current eMini Crude medium range is 99.200 (Resistance) and 93.175 & 91.775 (Support).
Current eMini Crude long range is 99.200 (Resistance) and 90.100 (Support).
On the chart these were taken we are in an extended Primary Bull Trend. We are currently consolidating at Prime Trending Resistance and before crude will even drop to challenge 90.100 we must see one of the above Support levels Breached.
Nice Surf !Quote from marketsurfer:
oh yeahhhh! nailed very nice down wave, holding shorts here in YM.
surf