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TFC Commodity Trading Forum

Re: CL *PIC*
In Response To: Re: CL ()

it was obvious the nearby was going to be a bottom at 18 instead of 11.25 like the nearing expiry contract month I was talking about a month ago. The call was more about timing than the price at bottom of 11.25. You could see this one wasn't going to make 11.25 but 18, instead.

So...after bottoming(at eighteen) starting at month 405(I think it was) she moved up for thirty days and breaks the trend line and back down to the 360(36) line on day 31. blue diagonal...up 18...18 bottom to 36 line in 36 days. Up 18 in 36=2x1.

Like a friken clock she is.