CL Redux

since A up was not confirmed. 89.50 is no good for me unless something changes like dxy pulls back hard

 

long@89.46

 

Nice DC I missed getting filled at .40 by 2 ticks Now looking to short at 89.80 with a stop at 90.35

 

They making fun of traders who wanted to go long 89.26 area. 89.44 all market gave.

 

i meant traders like me who were waiting for 89.26

 

welcome back RA!

i took a peek at USO and it was right at R1 and top range of OR.

 

long

 

out at .81

 

IMO we need to go further down for the real demand.. does not seem like enough here in the 80s. Not enough participation at the top previously for me to think it's longer term short, 90.50 at least seems reasonable, and quite possibly 91.60, if buyers are more motivated.

 

Can't see us getting above 90.50 with these crappy numbers but if we did since fundamentals are after all meaningless 93.25 is the ultimate short set up and where I will be dropping bombs on the bulls!