CL Trading day Nov 28 2017

28.11.17 10:59 PM By bernard - Comment(s)
Today's Context  General :
  1. Monthly up trend.
  2. Weekly - Confirming week ( 58.08 ).
  3. Daily - Confirming day ( 58.14 ).
  4. Yesterday's poor low
  5. Yesterday's selling tail
Inventory :
  1. Short term traders long. ( Pivots : 58.11 and 57.71 )
  2. Overnight short ( Pivot 57.75 )
Opening characteristics :
  1. Open inside and...

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 November 9 2017 PM

09.11.17 11:00 PM By bernard - Comment(s)
Market context :
  1. Week and Month up trend.
  2. 3-Day Balance ( 55.66 - 57.92 ).
  3. Yesterday's prominent POC ( 10 TPOs )
  4. Yesterday last distribution high/low considered as a day profile ( 56.54 - 57.11 ).
Inventories :
  1. Overnight : Long
  2. Yesterday's short-term traders : Slightly short.
Opening characteristics :
  1. Insi...

CL Trading day November 2 2017 PM

02.11.17 08:44 PM By bernard - Comment(s)
Low opportunity quiet market ...   The market today was quiet, characterized by low volume, no interest and balancing. We opened inside yesterday's range and value and traded inside a 32 ticks range from "A" period to "I" period. Market Context :
  1. 3- Day Balance ( 55.09 -...

CL trading day October 30 2017 PM

30.10.17 08:48 PM By bernard - Comment(s)
Trend condition ...   Market first move was with the up trend which started 7 days ago and confirmed by a balance breakout last Thursday. Overnight inventory was slightly short at the open which started the up move. Inventories are getting very long which was confirmed by the poor high and th...
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