No late day Rip, but we certainly had a good day here and folks weren't scared to stay long over the 3 day weekend. We are in a parabolic uptrend here ---Talk to you soon--
Alright, homies. Have a great weekend, y'all. This is to all you permabears who can't take the heat any longer.
Some nice results here today, congrats guys. For relatively unexperienced guys like me this place helps a lot. Not in signals or specific strategies but more realising there are many ways to skin a cat. And also that everybody has better and more difficult days.
Oil market today was unsettled as one would expect with the OPEC meeting. CL held at the 22.57 level as a low...now painting in the mid 23's. The G-20 meeting is tomorrow and everyone must follow the script to get oil production cut to the right level for the current weak demand. This will not be easy as many nations are involved. Read all about it here: https://www.cnbc.com/2020/04/09/the...the-g-20-meetings-over-the-next-48-hours.html Keep in mind that a super-weak crude market could affect the equity markets.
Good weekend Fellas... catch you all next week.. same Bat time... same Bat channel... Ciao for now...