$52 Flat

The CL $52 Flat was a 61.8% line.

 

Now, with the break of a long here, we have to be wary of a bid which will be put in under this key Rounded Level - -  in order to try to prop this Century level.

 

As I type this, $52 is being "rounded."   They are pushing up and then down and then back up in a battle over this level in itself.

 

From here, we have to be wary of a push back up into the range put in by these last MM's, a series of shorts which has challenged the long side.

 

I would be very interested in the 50 flat level.    I would like to be long FROM THERE but not necessarily FROM HERE at $52 flat.

DJ