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Why CL stopped at 8309?
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Why CL stopped at 8309?

  #1 (permalink)
Trading Apprentice
Tokyo Japan
 
Futures Experience: Intermediate
Platform: CTS T4, MetaTrader
Favorite Futures: gold
 
Posts: 39 since Oct 2011
Thanks: 45 given, 50 received

Why CL stopped at 8309?

Does anybody know why CL today stopped dropping at 8309? I was expecting it to at least drop to the 8280 area.

apart from near the round number 8300, I couldn't find any clear support nearby. is there something obvious on market profile? or some other stuff? it'd be great if somebody could shed some light on this.

much obliged.

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  #2 (permalink)
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  #3 (permalink)
Elite Member
las vegas
 
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just games, pullback then drop to lower tl

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  #4 (permalink)
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las vegas
 
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just did it

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  #5 (permalink)
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BOSTON, MA
 
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iPlayGames View Post
Does anybody know why CL today stopped dropping at 8309? I was expecting it to at least drop to the 8280 area.

apart from near the round number 8300, I couldn't find any clear support nearby. is there something obvious on market profile? or some other stuff? it'd be great if somebody could shed some light on this.

much obliged.


Some POTENTIAL SUPPORT. Key being POTENTIAL>

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  #6 (permalink)
Trading Apprentice
Tokyo Japan
 
Futures Experience: Intermediate
Platform: CTS T4, MetaTrader
Favorite Futures: gold
 
Posts: 39 since Oct 2011
Thanks: 45 given, 50 received

thank you guys, I wonder what CL is going to do now.

Gold just reversed on me, I was expecting at least 15900. there was also no clear support on the 15950 area.

thank you mfbreakout for the MP chart of CL, do you happen to have a MP chart for today's gold? could you please maybe post it here?

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  #7 (permalink)
Market Wizard
Las Vegas, NV
 
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iPlayGames View Post
Does anybody know why CL today stopped dropping at 8309? I was expecting it to at least drop to the 8280 area.

apart from near the round number 8300, I couldn't find any clear support nearby. is there something obvious on market profile? or some other stuff? it'd be great if somebody could shed some light on this.

much obliged.

Here is why!

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  #8 (permalink)
Trading Apprentice
Tokyo Japan
 
Futures Experience: Intermediate
Platform: CTS T4, MetaTrader
Favorite Futures: gold
 
Posts: 39 since Oct 2011
Thanks: 45 given, 50 received


aligator View Post
Here is why!

thanks aligator, nice fib chart.

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