CL SERIES

OK, here is a series to follow, the Continuation pattern shorts bringing us back down into a LONG which must be eliminated to trade short, or we take the long, based upon EIA Data and allowing for the noise to pass.

First, here is the short that completed over-night:

$53.09 Resistance and Reversal Completed its Target 

From there, we connect the next moves, and this is where it gets tricky.

We are Sticking with a 4-hour chart now:

$53.43 was the Anchor 


Now, we have a drill down, 5-min view:

53 Flat is our Current Short 

AND, we must break the long from lows, which has JUST HAPPENED.

DJ