We got short Oil here @ 106.2 and will sell up to 109’s and stop out over that level in the future. But this move is kind of funky for sure. Very defined stop here in place and you must respect it if you will be going short oil. Dollar rocked again today down trading 71.88 here. Euro rocking up to old highs, gold up, but not that big considering oil and euro and dollar. Interesting indeed!
Let’s see where we go tomorrow on Thursday!
Categories: Charts · Forex · Futures · Psychology · Stocks · Technical Analysis · Trading
This market is like the old Tweety Bird, general chaos and nowheresvilled right now. Watch learn and listen.
Categories: Lifestyle
Crowded house still one of the world’s finest bands.
First open in weeks that I can remember when there was pretty much flat action all nite from close to open. Change of character for what has been a very volatile overnite market. Maybe that means we can sit back as the month/quarter come to a close and see how they behave over the next few days and follow the lead of this market. We have rallied well over 100 pts since the last Fed actions and seem to be out of news to run us further right now. Watch, learn, and listen to the market.
Categories: Charts · Forex · Futures · Psychology · Stocks · Technical Analysis · Trading
