well, guess that's it for today. Need dig a little before calling tomorrow. generally, if SPX green today, then probably red tomorrow. If SPX red today, then don't know about tomorrow. Thank you guys, I'll see you tomorrow.
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WTIC rebounding, looking strong AH, but can't seem to get over 97.00 (as of this posting). Could just be part of topping process. It needs to significantly breakthrough 97.00 $usd.
This is my first post so apologies if I cock it up!
I have been an avid follower of this excellent site for over 2 yrs now but have never had the confidence to attempt a post. This is a test post so I won,t say too much other than I,m now reducing my open positions and going to cash. Hope these charts upload!
Sinbad1 wrote:This is my first post so apologies if I cock it up!
I have been an avid follower of this excellent site for over 2 yrs now but have never had the confidence to attempt a post. This is a test post so I won,t say too much other than I,m now reducing my open positions and going to cash. Hope these charts upload!
Welcome aboard!
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WTIC rebounding, looking strong AH, but can't seem to get over 97.00 (as of this posting). Could just be part of topping process. It needs to significantly breakthrough 97.00 $usd.
Thanks again Nrsimha. I have some SCO, just wondering if I should dump them tomorrow.
I guess I will know.... tomorrow!
WTIC rebounding, looking strong AH, but can't seem to get over 97.00 (as of this posting). Could just be part of topping process. It needs to significantly breakthrough 97.00 $usd.
Thanks again Nrsimha. I have some SCO, just wondering if I should dump them tomorrow.
I guess I will know.... tomorrow!
Myagi: USO seems to have made a something like "bearish stick sandwich" candlestick pattern. http://tradingsim.com/blog/stick-sandwich/
(Also note bearish MACD.)
So, I would hold onto my SCO.
Attachments
bearish stick sandwich on USO. (west texas crude BEAR.)
Last edited by Nrsimha on Mon Feb 11, 2013 9:04 pm, edited 1 time in total.