Oil showing some resiliency here (comparatively speaking, that is)? Looking for a long. Edit: nobody home?
sim long .42 SAR .31 :02 Same as before, stop to be, cancel SAR and new order to short again at .31 :09 stop to .57 :10 stopped out .57 (+15)
sim short via stop at .30, 10 tick stop :44 killed it at .35 (-5 ticks) New order at .27 to short Was away for a moment, filled and stopped out at -10 ticks.
I was thinking 79.30ish would be it for the DX but it's just unrelenting. I can't make myself short CL with all these tails that keep forming. I'd feel really good getting short at 82.90 or 83.40 on december other than that I don't know what to do. I just went from net short to net long on the es looking for 1081 to get neutral. I hate these days where there are a few long bars and then everybody stares at each other and plays chicken. I guess I'll work on my poker skills over at Delaware park with all the other scum bags that have nothing to do all day.
We had positive signs of demand picking up from the US, where according to the API crude inventories slid 7.7 million barrels compared to the expected for 100,000 barrel build. The inventory decline comes ahead of the awaited EIA report today which is expected nearly unchanged from the previous week.