tempted short here (2470)but too late for me. Just gonna watch think 2440 is possible if it goes down
Nice entry I'm still bearish and agree on 30-40-ish, but I'd keep an eye out on a close of shorts near the end (or, less likely, a massive close of longs). CL at 29, up almost 50% in a couple of days - congrats to B1 (we don't hate you, just your nonsensical cheerleading sometimes )
This still just looks like buying up supply to force short covering, as opposed to people accumulating for a higher move. People have been talking about the up moves, but pull up a larger chart like a Daily or something and it isn't impressive at all. Leaves a lot to be desired if you're viewing it outside of intra-day lens for longs. This general area has been holding well, but I still don't see this going up much before we see 2350 ES.