CL Redux

What the hell was the catalyst for that selloff?

 

You may be right about this.

We'll see how much conviction there is tomorrow when some normal volume comes in.

 

I didnt see it happen. I spose you can attribute it to end of session tomfoolery. Shes bouncing now.

 

Unfortunately, I'm long at the moment.

 

out and flipped 73.24

stop 73.30

 

Looks like actually the dollar got a bounce around the time of that sell off.


5min chart of UUP

 

2 out at 73.07

 

out and flipped long 73.19

stop 72.98

 

Im rootin for ya

 

I dunno man, CL has been trading in synch with ES lately and I ain't so bullish on the latter. If it slips here, CL could go a lot further than just 62.50 IMO.