BOTH ES and CL were in an accumulation mode before the US market open, and the buy bias was the call for the day. The "short" safety net never developed.
ES TODAY
[07:10] <CM> ES bases at the low of our range ( 53-36) from 8/20 today es and CL are in accumulation (buy modes) we are +3 to a long bo of the current 50cb test from the euro open. will look for fbo around 39.5-39.75 and happier with a short at 38 bo (link deleted)
CL TODAY
[07:16] <CM> CL today CLV3 based at 103.8 area from our short point of 104.8 yday we are likely to test the break down area from yday 104.5-104.7 which is also a 50cb today. short interest 103.95-104 but see cl run to 105+ (link deleted)
Bully nice day for those that pay attention...
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