CL Redux

long 86.28 stop loss 86.07

 

moved stop loss 86.27, 86.60 either breaks or does not

 

out some 86.82

 

Nicely read MF

 

next target 87.40. 3 day rolling pivot high

 

86.30 support now for me.

 

long 86.29 stop loss 86.07

 

out some 86.46. need to break 86.60 again. wash and rinse.

 

friendly reminder, existing home sales at 10am

 

Thanks for the heads-up.

Unless we have some major surprise here or at inventories, it looks like this is going to be a buy the dip-sell the rally day until the FOMC announcement.