CL Trading day Nov 27 2017

27.11.17 11:54 PM By bernard - Comment(s)
Context for today : Long term :
  1. Monthly Chart bullish.
  2. Weekly Chart 3-Week balance ( 58.08-55.08 ) breakout. Need closing confirmation this week above 55.08.
  3. Daily Chart bullish.
Inventories :
  1. Overnight short
  2. Short term traders long
Opening characteristics :
  1. Gap down
  2. Convicti...

CL Trading day 21 November 2017

21.11.17 11:29 PM By bernard - Comment(s)
Market Context ;
  1. Monthly up trend
  2. 11-Day and 3-Week balance ( 55.08 - 58.08 )
  3. Many poor highs on the day chart ( 9/11, 10/11, 17/11 )
  4. Day up trend inside the balance area.
  5. Yesterday Prominent POC
  6. Very Prominent unrevisited POC 57.02 ( 13/11 )
Inventories :
  1. Overnight long ( Pivot ...

CL Trading day November 16 2017 PM

16.11.17 11:10 PM By bernard - Comment(s)
Market Context :
  1. Monthly and weekly up trend
  2. Day balance ( 8-day)
  3. 3 Poor Highs ( 9/11, 10/11, 14/11 )
  4. 2 Poor Lows ( 30/10, 2/11 )
  5. Yesterday's prominent POC
  6. Buying tail from yesterday
  7. We opened near the day balance low
Inventories : 
  1. Overnight : short ( pivot 55.54 )
  2. Short term traders : short ( pivot 55....

CL Trading day November 13 2017 PM

13.11.17 11:55 PM By bernard - Comment(s)
Market context :
  1. Month and week up trend
  2. 5-Day balance ( 55.66 - 57.92 )
  3. 3 Poor Lows ( 30/10, 2/11, 6/11 )
  4. 2 Poor Highs ( 9/11, 10/11 )
Inventories :
  1. Overnight : Short ( Pivot 56.81 )
  2. Friday's short term : Short ( Pivot 56.83 )
Opening characteristics :
  1. Opened inside Friday's range
  2. Early no conviction
  ...