I'm just trying to tell you that the equity markets do not follow the damned supply at Cushing, or any of the other PADDs. All the stocks in the US do not follow the price of WTI. It would be like a bowling-ball being pushed by a pea.
This is the move I`ve been banking on for last 3 days now... finally came in... i covered the NL but reentered the firm break... 55 Min Target
When they couldn`t rip the NL at the close... Told me we were good to go! Lot`s of Info on Closing price & how we react... I covered the NL shorts with size as I didn`t want to get caught ... Reentered with only 1/3 rd size but caught it nontheless... about 10 handles away from Target 1 @ 55.... next would be 40-41
Whoa ! There have been no bids in ES/NQ since the close of RTH. Does this mark the end of the bully for now ?
Lot`s of action on the over night session where anything can happen... expecting to resume sell off here ....