I will start a topic for this week.

Crude wants to take out the 99.98 highs (badly, it wants it) and set a more than 1-year high. Not good for the consumer, inflation, or the economy...

no matter how you are trading the past few days( i am shorting the rotating signals thru the index etf's)you've got to admit this has been some of the easiest trading of the year..

here you go

Originally posted by jimkane

rat, can you update that 1-min chart? Thanks.

My #F contracts shows much different highs, with all highs exceeded now except one at 100.42.

I can't imagine them letting these 60-min TL's give way, but maybe they want to game them? I'd have thought this would be rocketing up by now.

And crude, I'd think it would want to take out 100 by the pit close at 11:30, bringing the ES up with it...

Is crude making its move?

Crude 99.87...

One more push in crude is all it needs. I imagine there are a lot of psychological stops at 100.00. We'll see (I think).

ES TL's taken out. Game, or a real move to under the opening bar low? I keep thinking game, but what if this does a serious leg down here? I always like to dream...

Yeah, they planned it well.

Originally posted by rat89

So cool....163.08 into the close for a 1.27 dbs