CL Redux

holding short from 76.55, stop 76.80

 

what a sheep I am! follow my feeling again, thought it will touch 76.8+ then go down! :eek:

 

so the warmer the weather, the higher it will shoot?
but it climbs from spet. to jan., then quickly drop in spring. I thought the colder it is, the higher it will shoot. I am shorting it in the bounce at 5.129, still hold it. feel a little pressure, my crude short is shaken out

 

stop at BE, though it looks like it'll be hit

 

Im going to assume that the bulls will try to close above 7670

 

try another short, 76.72
stop 76.82

 

Is this decline in volatility for CL a usual phenomenon in the summer months given usual trading conditions?

When does it pick up again?

 

out 76.49

long 76.45
stop 76.30

 

short 76.42 sl 76.53

 

out at 76.47