My infinite wisdom in its typical newbie characteristic tells me this baby will need to base for a few days before going up. It tells me to look for a series of small bars or candles, which tend to occur as never ending whipsaws. Unless you're scalping, I advise you stay out until the crude inventory is released on Wednesday. Even then, I'm thinking we wouldn't go anywhere.
I knew this would happen, and I shoulda held on to my short. Come tomorrow, I need a whole lot of loving from this stinking market. *sigh*
Why 73.65 I have s3 as 73.50? What are you looking at I guess is what i'm asking. If dollar closes above 200 day won't that be bearish for oil?