Why does the CL seem to be trending better overnight? | Traders Hideout


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Why does the CL seem to be trending better overnight?

  #1 (permalink)

Spicewood
 
Trading Experience: Intermediate
Platform: NT
Favorite Futures: CL
 
Posts: 3 since Dec 2010
Thanks: 1 given, 0 received

Why does the CL seem to be trending better overnight?

Maybe one of you CL traders could explain to me why we are seeing many days recently the CL trend nicely overnight and then around 9am ET it settles into a relatively narrow trading range for most if not all of the morning. It has been doing this with such regularity that there must be a reason and I sure could use some education in this regard.
Thanks much!

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