Schiz... if it was that easy, we'd all be rich bro. There are firms out there that rent transponders on satellites that have proprietary technology that allows them to ping everything from friggin storage tanks to supertankers' drafts. Do you REALLY think anyone that is in this game at the level of real world oil trading looks at the weekly EIA #'s? I mean don't get me wrong... I do.... but who f'ing cares. Those #'s are all bs. Trump could strong-arm some lackey's and Wednesday's numbers will show a huge drawdown. You've been around a long time, you should know this.
Possible full on wall you think? Or just cause for likely pullback on the way to the 2880's? I could use a pullback to average into...
+67 points and a 120 swing speed! Way to go VZ! 67 was my score today ... unless I were to count all the holes. But I only count the ones that add up to 67.
Nevermind I see it Anything specific that has you put more conviction towards certain Fib levels (such as this one)?
But as you said so above, it's all about the "psychology", which I agree 100%. Nobody bets on the future itself. What they're betting on is what others are planning for the future. Sure, I ain't saying the EIA is anything but (as in it could tell you any better than what everyone already knows). But, again, we're trading the psychology not the numbers--right?