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01/11/2017 Live Update

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Cobra
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Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/11/2017 Live Update

Post by Cobra »

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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daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 01/11/2017 Live Update

Post by daytradingES »

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 "
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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