CL broke out of hourly wedge as expected, but it just fell back into the wedge bellow 99.30, which is a very bad sign. This means buying weak and we might have had a fake break-out. CL needs to close about 99.35. I am watching this closely. Might need to close out the trade today before the close. I am also looking at selling the EBAY CALL for a small profit. I got in that position yesterday expecting a pop after earnings announcement, but that never happened. I have set the exit to 1.5. Lets see if we can get there again before the close.
Open trades:
EBAY 34 AUG CALL @ 1.16
CL Long 98.65 Target 102-105 (will re-adjust later) Stop 95.75
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