CLZ09 – December Crude (Last:72.48)

A feint lower today to 71.26, a Hidden Pivot that comes off the 15-minute chart, can be bought umtil the final hour with a stop-loss as tight as 21 cents. As is the case with all Side Bets, you’ll be on your own if the order fills. _______ UPDATE (12:54 p.m.):  Crude tends to reverse within 21 cents or less of Hidden Pivot targets on the intraday chats, and that’s why I suggested the stop-loss given above. However, this time the trend reversal came from a low that fell shy of our bid (by 19 cents!), rather than overshooting it, so we did nothing on the order. Cancel it, since sloppy seconds are not worthy of further effort. [Note: This trade was originally posted as a Side Bet.]