|
Buxton ND |
Not really a surprise given my post just below. IMVSO a HFT bounce to a prefect 62% retracement of the last move lower. TIMING WAS PREFECT, then they sold the manure out of it. I read bull trap AFTER buying the rumor selling the fact. I would add a few other markets in here to include equities, I do not think the world was fixed in a 3 day weekend.
Crude spreads are saying "keep pumping its worth more later" its worth 40ish bucks filling Santa's sleigh. Pump it/store it/sell it on the carry, which they look to have done well last night.
Just getting started to think about checking a crude futures trade off my bucket list, thinking a number kinda like my last number, "just" roughly $20 lower. This may or not match with money flows going net short,,,it should be ball parkish enough. | |
|
oil is red
