CL Redux

Hi guys,
I am personally Bullish from now on unless other news come into place. I believe we already test the bottom, but the biggest bullish sign is how the Intramonth contango has shrink a week ago was between 3-5 dollars between now the price difference between this month and August is flirting with less than a $1, plus historically Oil spike in the months of June, July and August due to the driving season in US.

 

Choppy open thus far

 

Looks long for now, I see ES going to the 1015 area, CL should follow

 

I was thinking the same. I actually just went long ES @ 1086.75

Now long 73.25 on crude.

 

Out first CL lot @ 73.38

Letting ES ride

 

Out last crude @ 73.41, came close to my target of 73.51 but decided to bail

Still hanging on to 1 ES

 

I gotta leave. Here are my 2 CL trades I took today. A short and a long.



Looks like I should have held on a bit longer on my 2nd CL contract

 

This up move wiped everyone out?
Ghost town in here...

 

I think everyone is trading es now. Not sure why cl is a braindead trade right now

 

I am trading CL. it seems everyone is ES journal.