CL Daily

For my trading pal in Germany:

CL short, 74.95>>>>ALL IN PINK:

http://tos.mx/4Vmfjv

We are coming back down to 50.50 which if this does not hold and we see price MOVE UP INTO 50.50, after we break below, then I think I will short it then, but only so far.

The long from 35.24 is still below us:

http://tos.mx/ZbaPbx

See the BRIGHT PINK/DASHED LINE?    That value, 41.73, must break finally, or we bounce.

So, my strategy:   short in moves below 50.50 but only down TO 41.75 (rounded up, that 41.73 is a key level.

Halsey has 25 June 2012 LOW TO LOW as his short, and I do not use it.

Dave