CL Redux

long 69.50, .50 stop

 

This could fly back to 71+

 

long 69.83 sl 69.7

 

out at 69.87, get to have lunch

 

I believe the low is in for the day at 69.27. By no means do I think this is the bottom of the trend however. But, damn, it sucks to micro manage your trades on a day like today.

 

Not before another retest of the low IMO.

Or we might just meander near the low. Then you're in deep shee-at, for we're going lower tomorrow. Nevertheless, I do believe we can use a little bounce here.

 

back to the desk, and saw it shot a little bit without me. do not where the LOD, but from my chart, we are climbing

 

Well, as far as I can tell, not everyone puked yet.

 

long-term bottom is hard to get and the odd to pick such kind of bottom is very low (years or months there is one, here suppose 3months, the odd is 1/3*22=1.5%). I used EMA to gauge intra-day trend, I just loaded some around 69.9

 

should be another push or two up here.