CL Redux

out half at 83

 

could not deal with it, very magic, schizo's sell pop is magic, get to buy more at 83.1

 

Both N and Q had breakouts above 52-w highs. Last year's high M/N spread was $3.11, in April.

We see the contagions today.

 

crude sucks. Q is rising, bought some around 1955, Nodoji's 20ma/15ma just crossed, so I have confidence to hold it, hope there are some short cover rally in the closing. sigh, "hope, wish", no no

 

The upside target should be at around 84.20 if this thing can manage to get off its damn ass.

The downside target, in the long run, should be at around 79. so don't play too cute to the upside.

 

Enlighten this noob please. Are you referring to the Naz and the Qs?

 

Here is an old Linda Bradford Raschke article where she talks about trading the 20 bar ema. She is the first I read it from some 15 + years ago.


http://www.lbrgroup.com/images///raschke_pt2_0304.pdf

 

How do you define "confirmed"?

 

out all of them, paid tuition fee again. will do it tomorrow.

 

It seems that the only one able to hold above the 20 ema has been the GBPUSD. Just about everyone else (YM, ES, CL, etc) keeps failing.