Swim the channel

A new day full of mixed signals but we have one constant oil was a a little top yesterday despite it's move north here it sits at the upper section of the bull channel and still a bit overbought
at 52.91  we are sellers up a point but if market takes a hit we would probably take a flyer our style is not to hit bids thoug- we like to have our position in place before buying or selling accelerates once this thing catches fire it is difficult to put it out-The channel continue to be a tremendous timing tool at this juncture and it moves up again top is 54.16 bottom is 48.94
pivot point is 51.48