LOL. Every dip has been bought in CL today......not sure if this is new buying or short covering. However, to spark this market, it will take an announcement or some good news.
Starting to look heavy, if a strong trend continues then 2836 is a good 1st downside target for shorts, bounces should be small and shorted. GLTA
Looks very weak, indeed. I flattened a short on the gap fill with a tight trailing stop. Looked like it could break, but reversed nicely off that level and stopped me out. If the current LOD breaks - I don't see why we can't trade down to 2845-50 or so by the Close.
It seems to be breaking now (following whatever the stocks are supposed to know) --- Edit: I chose the wrong day to switch to BTFD mode - Unharmed, but frustrated --- 52-ish is ON LOD
This is the @schizo slide, folks, enjoy it ... I hope he's short and loving it EDIT Globex low on deck - know your levels