Friday, May 11, 2012

Buy Squeezes still in play on Crude chart

as you can see below.. buy squeezes are followed by sustained selling.. as if whomever is selling still need a good deal of liquidity to keep the balance...

below 95.15 means 95.. below 95 means 90....          unless europe situation changes quickly.

1 hr zoom min CL
15 min CL 
4 hour CL.. notice the break of the yellow low (huge sell signal) then the air below 95 into 90...