NYMEX:CL1!   Light Crude Oil Futures
I try short covering at 47.30 or 47 because weak trendline is near this price... so on confirmation I cover my long.
Comment: I'm still short. Looking for next resistence. 48.20/48.30 for the next cover.
I can not understand the movements from the Wednesday last. Intraday values that you see?
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Billy-Ray-Valentine-ITA mirko.caliciotti
In recent analyzes I have given the levels to go long and levels to keep coverage. I said that if held 46.50 you could try a rail up to 48 or so on. But the level 47 / 47.30 is important and must cover for get the short range if rail up fail.
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You right! The resistence is still 46.50?
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