I see a local POC for last week at 84.60 not .80 , but then again maybe your CLX is not backadjusted for the rollover gap. My "buy zone" below is 84.50 to 84.70
Thanks for the quick response. Yes I was actually going over the ACD thread and found the different ways to apply OR according to one's own style. Thanks again.
close below 86.19 on the day will put me on ALERT for a possible turnover into secondary DECLINES TO 80's.
I read that whole ACD thread over the weekend and it turned out I already owned the book but never bothered reading it. I think I have been using something close to that philosophy for years but I have never been good at putting my thoughts into words. Ispoke to some guy at OEC a couple weeks ago and he said they are going to start offering a market delta platform with all kinds of goodies. Anyone here use OEC or know any pricing info? Sorry this has nothing to do with CL...hmmm I'd be looking to get short again at 85.50 for one final flush down to 84.30. Or you could just place a sell stop just below the lod.
I did not say 84.80 is a buy zone. Its clvn. some times that level get held and some times does not. Have to use other stuff along with this to make a judgement. CL did bounce form 84.90 to 85.50 area.
sold 1 qm at 85.80 will add at 86.75 looking for 84.30 tonight or tomorrow both will be stopped out above 87
out @86.05. sometimes she likes quicky ones, sometimes she likes slow long ones. she got both today. c ya'll tomorrow.