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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (137761)10/21/2006 10:04:52 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
Ray...interesting discussion with Skin...

I notice that you use StockCharts WITC for crude, and just wanted to point out that is a "Continuous Contract" construction...and not a tradeable instrument...and thus maybe not strictly subject to EW/TA analysis..

Your chart shows price still holding above last Nov-Dec lows...whereas the Nov CL contract has undercut those and hit new 1-year lows....See chart I posted yesterday afternoon...
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