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$CL

BULLISH2026-07-28
Price around the call
↑ 2026-07-28
By horizonMaturing · ~21 trading days to go
1d
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5d
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21d
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Original post
𝐓𝐗𝐌𝐂 · 2026-07-28

Although geopol/econ events can move markets in big ways at times, I've found over the years that p much without fail the chart still tends to respect key high timeframe levels. $CL_F ripped when the war began, then rotated between weekly gaps in both directions while many observers lamented that price was irrational and not reflecting fundamentals. Even in the Covid drop, $SPX swept the 2018 low and monthly close was a clean swing failure. It really is possible to exclusively trade the chart and ignore the news 99% of the time if you have a good foundation of price action. It often doesn't matter what one thinks about the fundamentals or how detached the price appears at a point in time, unless one is managing other people's money and needs longer-term views, or is a "macro trader". Bond

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