1. Short : Pullback without demand after break down with Supply 2. Long The price stood in the range. Did not give continuation with the price fall and the supply growth. As a result, this whole situation was realized upward with the appearance of signs of demand.
#CL Short Test yesterday's climax zone. Supply increased. https://t.me/plumalgo/296 more details here
#CL Short rebound from yesterday's breakout zone 79.1-20 in the AS session. Demand made some Effort without Result. I missed the moment and opened a position not at the most favorable price. Therefore, I added a position when the price rose again to the 79 area. There was no demand. https://t.me/plumalgo/299 more details here
#CL Short pullback to AS&EU resistance zone. No Demand, Supply increased. https://t.me/plumalgo/302 more details here
#CL Short Supply resistance zone Short: 71 Target: <70.5 #CL Long Supply support zone. In the range. EnR Long: 70.60 Target: >71.10 Source:
#CL Long 11/19/2024 Long: 68.69 Target: >69.6 2am to 3am (CT): Test of Monday’s Demand Zone 68.50-70. Position was partially closed 69.22/69.45. Source https://t.me/plumalgo/514
Couple general questions I'm hoping someone could answer since I'm still fairly new to trading /CL. Both questions COI related: I'm still confused by how it works when COI falls on a holiday week. They say it's released a day later than usual, time varies. Today's it's "released" at noon. Yet the results seem to be known the day before anyway? 1. I'm wondering how exactly that works? 2. Also, I'm wondering if these 2 spikes in volatility (yesterday around 10:46 and today at 11:13 have something to do with COI? Luckily I was short today when the sheet hit the fan!
Not sure what earlier reaction was but it sure does seem like "someone(s)" heard something. Because IEA web page says:- Holiday Schedule: The Weekly Petroleum Status Report will be released on Thursday, January 23, 2025, at 12:00 P.M. and 2:00 P.M. (Eastern Time) due to the closure of the Federal government on Monday, January 20.