CL Redux

long 809, stop 95

add: stop 800

 

The question is - is NoDoji going for the measure move target?

OR are we stalling at the upper channel ?

 

Greek foreign minister: "It is clear that the (Libyan) administration is looking for a solution"

http://www.cnn.com/2011/WORLD/africa/04/04/libya.war/index.html

 

Out of everything 108.00

 

stopped out, but back in 800

 

Good day for scalping 10 -20 ticks here and there.

No good for my style.

 

You're the man of the match today!

 

one of the strangest days today!! and so frustrating.

Brent-WTI spread range for today is 1.72 ,yet the daily range in CL is only 1.20

So both oil markets not even moving together and doing their own thing - makes it very very tough to trade. When Brent was breaking through all the highs and spiked up 60 cents, CL moved up 8 ticks!! AAaaaaaaargh

IMHO I think this all gets decided in the final hour of the pit close............ Big move coming up.......

 

Big move? Which way?

Must be on the downside, i reckon mass profit taking by institutions.

 

Really looks to me like it wants to sell off.