Drum roll! Interesting. Still learning these contracts. Right now they seem to be tracking the indicies. So far, glad I didn't chase that top.
what were the estimates the, web site I use to use keep getting article removed? Gasoline build seems pretty bearish and I'd imagine the draw down in crude was expected. I bet we don't get much above r1 especially since my buy stop just got triggered at 93.10.
The estimates were for a 500,000 barrel reduction. See the link to the article I posted. http://online.wsj.com/article/BT-CO-20110112-707774.html Actual I guess was 2.2 million, so that's a bit more obviously. Maybe this is priced in.
USD weak today due to Portugal. http://www.marketwatch.com/story/euro-edges-up-ahead-of-portugal-debt-auction-2011-01-12 http://www.barchart.com/chart.php?sym=DXH11&t=CANDLE&size=L&v=2&g=1&p=I:20&qb=1&style=technical