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Wow - did anyone see the cumulative data divergences on CL yesterday?


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  #1 (permalink)
 David 
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I just noticed (too late) the huge divergence between price action and cumulative delta on the 5 minute chart for CL yesterday (Thursday 3rd March).

Either my data is wrong, or there was some serious accumulation occurring as price fell.

Given the current price of CL ($103.14) on Friday 4th March, I think it was the latter. Did anyone else see it?


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 FulcrumTrader 
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David View Post
I just noticed (too late) the huge divergence between price action and cumulative delta on the 5 minute chart for CL yesterday (Thursday 3rd March).

Either my data is wrong, or there was some serious accumulation occurring as price fell.

Given the current price of CL ($103.14) on Friday 4th March, I think it was the latter. Did anyone else see it?

I have sold into last two new highs in CL (pushes into 103.50's area of price) due to significant held SHORT inventory still in place......can't get too much better than this for set ups.


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 David 
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FulcrumTrader View Post
I have sold into last two new highs in CL (pushes into 103.50's area of price) due to significant held SHORT inventory still in place......can't get too much better than this for set ups.

Chris, Could you publish a chart showing the short inventory accumulation please?

Thanks, David


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 cory 
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I think we trade against news it should have gone down but ...


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Last Updated on March 4, 2011


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