$60 or $100?

(Today's price = $80).

Vote on the home page, discuss here.

Mike

My best is $ 74.95 first and then we'll see what happens. If it breaks that $ 60 might be on the plate.

Weekly shows a break through, reset and go from the 200 EMA, that is not a bullish sign either...

I pulled this cumulative Volume off the gom data sharing thread.
Continually building short interest even thru recent highs over 100.
I did this on a whim, haven't checked the COT for any insight/confirmation.

Spec's seemed to have tossed some longs but still holding on to some & Comm's net short 200k, with a level three bottom coming up around 80-78 the spec's will wash out on a dip below .
Have to see this weeks COT and see how data it pairs with Cumulative delta real time.

Be interesting to see if Cl can diverge from ES with the election up coming: cheap oil....high stocks & .....
no jobs

If the poll reaches enough answers, bet the opposite direction. If you are right, at least it will be quick.

GaryD 

If the poll reaches enough answers, bet the opposite direction. If you are right, at least it will be quick.

Funny i been watching this poll, out of interest

When we were hitting the lows with a potential waterfall down, the majority were voting $60

Now we have seen some buy pressure come in $100 seems to be leading the Poll


Will be interesting if we see the lows of the range tested, bet the $60 comes back into the picture again. This is like a mini market


lets bet the opposite direction @GaryD

Or use the poll as a lagging indicator HA

Iran is complaining about sub $100 crude, and called for an emergency meeting.

Not that they know anything about trading though...

Poll closed, results:



Mike