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.