Reload a 'fresh chart' OR ???

It happens~~

peace

hedvig

GaryD 

First line resistance for CL should be found around 85.30 - 85.80, although it could take an overlapping path to get there, if it does. But I am anticipating a break above the high overnight... But the more interesting zone to me tonight is the 86.40 line.

And with EIA to push it... If I am going to swing trade, this is where I would do it.

Beige Book is a wild card...but there is always something to "ponder".

closed both +30 I may reenter and try to rdie this down, but really would like to see something more than what I have so far. ES target is a couple points hgher, and there could still be positions unwinding from this morning's fakeout.

And, as silly as this might be, it never hit 86.40...If I was REALLY going to swin g trade this, my stop might be 89.00, for a wave 5 that is still a decent return and RR.

W4 exhaustion should be in the 88.34 range, so I could be "right" and we see a W5, but still not care about entering it here. The conservatove entry would be a break below something, not a rise to something.

wait..ES just now entering it's zone, high side 1307...

I do not like conservative entries, they have horrible RR

ES and 6E are not going to let CL fall right now