CL Redux

it looks weak but we may have a good up leg here

 

10 day mp nip holds,thanks picaso

 

Gave good second chance from 108.78 to. .40. , what a fun action filled day

 

Dropped 50 ticks in 1 min.

 

Stalled out at R1.

ADD and trying to base at the 20 EMA. See if it does.

 

Yep, the move before 10 and the move after inventories look more like shakeouts after some time of low volatility.

Inventories:

crude up 1,95 MM vs. expected +1,7
gasoline down 357.000 vs. expected -1,9 MM
Distillates up 195.000 vs. expected -200.000.

 

Did not quite there but got this second chance 108.78. To. 108.40.

Can not complain

 

Jesus stop didnt trigger! out 108.42

serious pain felt on this one

 

That initial rally was about me being long .61 off mid-.40's support right after the report and not locking in .20 when given the chance

Good trading to all, I have an appt to prepare for and then likely won't be back until after the pit close.

 

long 60