What event would bring W5? That would be a major move in recent price perception.

Perception of value is relevant to timeframe. CL did continue up. And to where is a question of longer term value.

Up and back in the ON. Made it around 90.00 then back to 89.30. EIA today, inventories fell rather than increased according to API, open was above yesterday's range. A period opening drive...

If this new setup works as I think it might, that is the type of bar I am looking for.

Retest of ON high with heavy absorbtion, I think.

ES trying to close a gap, bringing a little heat, but price is flattening out across the top of that footprint entry bar.

My wife just left to go shopping, said she would invite me but figured I would not leave my "post". lol! Someone needs to keep an eye on these things 24/7.

Bringing my stop in some

Closed

I do not like that it is hanging out. More like flag, and no excess.

I'll take that as a "win".