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CL also has a flag, but more like a pregnant or bloated flag. This area is a little too volatile due to the w4 potential overhead mixed with the ES bursting with joy over the jobs numbers.
CL has seen a lot of violent whipsaw action today, caught between a possible wave 4 high and a bullish employment number. It is Friday, so any longer positions may be wrking themselves out of the market before the weekend close. When the market reopens on Sunday night, it could be anywhere by then.
I am taking a break untl the 1:30-2:30 time window. This is too difficult for me to trade effectively right now. I am up for the day and that may be what I live with until Monday.