mother FUDGER.... i should have kept my last /cl long, 86.45 gap almost filled... can't believe today but overall i am not a believer. /es stopped dead at 60ema on the 60min chart 1162.75
i jumped back in and caught 85.50 to 85.99 at least.
so for /cl traders we still have a target to shoot for at 86.45 and the next target is 88.93.
bulls finally lost a little bit momentum, because the last push up didn't touch the up channel line while the current pullback broke the lower channel line...
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the bigger picture as someone already said, it's a bear flag, just no sure when the bear flag is over.
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gabor wrote:I think the last hour will show the trend
exactly. judging from /cl close though it appears people are not as afraid as i thought they were. not too much selling into the close. we finished at 86.02...
/es test of 1153 pivot is key tell imo
Last edited by agnosia on Tue Sep 06, 2011 3:01 pm, edited 1 time in total.