CL Redux

wouldnt mind seeing 100.2 by the close =)

 

waiting to see if we develop a head n shoulder. top of right shoulder would be around 102 or so.

another scenario would be to develop a final leg up of 3 drive up which would make a new intraday high.

also, looking to short if we drop below R2(101.22 or so) failing to do either of the above.

 

this area could act as support,if not,back to the 99.10 area on lower tl

 

out at 01.74 ,broke slightly above nip and holding...broke above nip,res,back under,sh 01.71,1.91 stop

 

cl mp

 

a break below R2 will confirm head n shoulder.

 

stopped out, short 01.95..add 2.18

 

short 101.97

 

stopped out at 102.11

 

103, here we come!

will look for squeeze at 14:00 eastern.