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01/11/2017 Live Update

Re: 01/11/2017 Live Update

Postby Cobra » Wed Jan 11, 2017 4:52 pm

well, guess that's it for today. Thursday tomorrow has been bear friendly recently. thank you guys, I'll see you tomorrow.

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Re: 01/11/2017 Live Update

Postby daytradingES » Wed Jan 11, 2017 6:00 pm

daytradingES wrote:From ZH


U.S. CRUDE WEEKLY CRUDE IMPORTS RISE TO HIGHEST SINCE 2012: EIA U.S.
DISTILLATE STOCKS REACH HIGHEST WEEKLY LEVELS SINCE OCTOBER 2010: EIA

Terrible numbers so the RORR push it HIGHER not DOWN.
This is a manipulated market. Expect this morning push up to be reverse and the trend to be DOWN through the bottom of the rectangle as per yest chart.

When will it reverse? Before they could continue it up for Wed and Thurs but I think they are weakening they power and perhaps the push is only could for today.
---------
"

ZH
As the dollar plunged, crude ripped higher - totally ignoring the spike in production and inventories..

===> "Before they could continue it up for Wed and Thurs "
Good trading to all
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