@Deucalion, you undertsnad ES better than I do. If you catch this, I'd be curious what your read on that market is where it sits.

I would not touch CL short right now with Bill Gates money. Not without some reversal sign. ES is so far ahead of it, 88 is not a stretch. Something stronger thnan me would need to turn it.

June 7, 2012, 8:03 a.m. EDT

Oil futures rally after China cuts interest rates
MADRID (MarketWatch) -- Oil futures rallied on Thursday in the wake of a surprise cut in interest rates by China. July crude futures (NMN:CLN2) jumped $1.31, or 1.6%, to $86.34 a barrel. The People's Bank of China cut its benchmark lending and deposit rates by a quarter-point, with the move set to take effect Friday. The China move inspired sharp gains for European stock markets and other perceived riskier assets while the dollar pulled back

Change of thought on the strength of a zone. IF this is corrective and not a new trend, that pattern has confluence a little lower.

I slept horribly last night, if I even did sleep. A few weird dreams is all I have to suggest I did. I may not trade. It has to be this new cleanse I am doing. Never tried it before.

Dow closed up 280+...Open may see follow through

Actaully, no, it will gap open and so may prefer to close it.

Bill Gates just called to say thanks.

CL now in the heart of resistance country... But I am going to pass. I an;t buy in resistance, so can't go long, and can;t short this momentum, so can;t go short...

Reminds me of the night @researcher247 was shorting crude and I was out.