CL Trade, updated>>>>$52.55 entry, 18 contracts (Partial Fill):
I have trailed this trade to 52.45, up 10 ticks and awaiting a continuation pattern to take this short to 52.25 and 52 flat.
Overall, CL is moving lower. We still have 51 and then 50 flat ahead of us (below, if this continues to be sold, or shorted).
Be very careful to eliminate any longs, if you want to be short. I am therefore watching:
$52 Short - - IN PLAY
$35.24 LONG Below Us
DJ, 7am AZ time, 23 Jan 2017
We can clearly see that $52.50 has "resolved." This means we are PUSHING INTO a tick below that value point, and our last swing HIGH, in a very narrow VIEW, was $52.49. I posted earlier that my key level was .49. NOW, we will see if the longs can CHALLENGE THIS. I am out at 52.26.
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