CL Redux

oil notice the zig zag in last 3 weeks,does this warn of a top

 

Ya...I missed that ride...I stepped away from my computer to take care of some domestic duties and missed the entry...oh well, its only half way thru the trading day...waiting on Part 2 of Kid's prediction

 

It will be interesting to check the fundamentals in a minute. Pays to follow technicals and price action

 

An expensive extra hour of sleep for me. Onward and upward. I know you all just killed it, no?

 

Don't feel too bad. I was down but caught most of it back on the ride down

 

I got short Jan 12 on new highs in March & April contracts, stopped out in April and re-entered on Jan 31, Short the May on Feb 3 on new highs, Volume dried up on new highs telling me highs might be in, so just hoping this time around, Crude will at least go to first targets. March contract never made new new highs.

 

Glad you got most of your money back.

I don't feel bad. Missed opportunities are the reality of the market. I just chuckle generally and move on. I didn't lose money.

 

Good for you.

 

DX 03-11 Daily http://www.barchart.com/chart.php?s...ddindicator=&submitted=1&fpage=&txtDate=#jump

Strong today.

6E rebounding off its LOD. http://www.barchart.com/chart.php?sym=E6H11&t=CANDLE&size=L&v=2&g=1&p=I:5&d=L&qb=1&style=technical

 

How do you guys feel about his 89.20 level...obviously, support has become resistance...do we go lower or higher from here?

EDIT: I guess I should give my opinion...hehe...if 85.85 holds we go higher, if not, bombs away.