Must... resist... urge... to post picture... (Seriously though, yes this fall has done some damage to the technical picture, hard to tell what's next - at least now we have some identifiable targets).
Like this <a href="http://s1219.photobucket.com/albums/dd438/bswansen1/?action=view&current=butterfly.jpg" target="_blank"><img src="http://i1219.photobucket.com/albums/dd438/bswansen1/butterfly.jpg" border="0" alt="Photobucket"></a>
API yesterday reported a drop in stockpiles by 7.34 MB to 349.3 MB last week; distillates including heating rose 1.7 MB to 159.3 million. Meanwhile, the Energy Department is to release its EIA report later on today and is expected to show a drop by 900 thousand barrels, while gasoline stockpiles are expected to show a 300 thousand barrel drop as well. Looking for 86.50 as a possible buy area, hopefully we can get there with a little help from the eia. Although if we get above 88.20 that might make me want to buy as well since right now we are in that consolidation area from last friday.
sim was bidding .46 and up, not filled so... long .67 on a stop stop to be target .20-ish no add-ons :24 stopped out be
I beg to differ. (No adds because it was a breakout at "expensive levels", but the original trade I intended had adds - the bo level was the third and last). Anyway, yet another be. What's your take today, Kid?
Gold over 2% down making new LOD. Copper holding. Silver down 5%. Rising US yields. 10yr auction at 1:00 EST. (Just talking to myself )
i noticed that too...copper came back up with crude...gold silver didn`t pull crude down...i think we are weak right before 10 year in equities crude.then either relief rally or wholly shit bad bond auction
sim short .44 stop is 20 ticks but will tighten based on action Target: a rupture and stop-run of that swing low at 88.00 :15 stop to be - thought this one was going to be harder, honestly :16 stopped out be