Picked up more than a buck on CL from yesterday near the closing under 70.50, out at 72. It seems oil is much easier to trade in the last few weeks. Closed half my ES shorts at 4750, wanted to wait for 20 daily ema but few points shy I can live without. NFP Friday be warned.
I'm feeling bullish for tomorrow, although I believe we will eventually go down and revisit 4600-ish in the near future.
A little dip is nearly always good. Looking great going forward on a longer term basis. I see no reason to exit my long right now.
They do. And it sure seems like going short is the way to go. I was only referring to tomorrow though. That finish however, that one really surprised me. We'll see, but it sure looked like the money was flowing in, at least up until the last 10 minutes. I'll have to see what stocks the algos spiked for that little trick.
Well, I hope you're right. I also thought we were due for a bounce last night and believed we would go up today. But it was not to be.