CL Redux

The 89.25 level is a double whammy of previous R and earlier S becoming R. Tough nut to crack, but a stop run would be nice.

 

long 88.16

 

no shorting until 89 for me. At least the dollar trade is starting to act right.

 

Half out 88.22

 

just awesome, i guess u figured the break of .40 wasn't violent enough so all the ripe coconuts must have fallen out of the tree already

 

Come on, bid it up just so we can see if all that size on the Ask is real!

 

I still believe there's more room to the upside, perhaps to 88.90. But expect a minor retrace here.

 

I agree and normally would consider .94 a buy zone, but the close scares me either direction here.

 

Excuse me!!! Where are all my friends who are supposed to prevent me from thinking while trading???

ADD: For that call I borrowed oraclewizard's magic indicator that predicts the future

 

Now that's the way to do it. Very nice. Patience, patience, patience. Let the trade develop and reach its target zone.